Part of Housing, Communities and Local Government – in the House of Commons at on 9 June 2025.
Angela Rayner
Deputy Leader of the Labour Party, Deputy Prime Minister, The Secretary of State for Housing, Communities and Local Government
My hon. Friend is a great champion for Derby and many Members across this House can understand the acute pressures he mentions. The fact is we have not been building enough homes, and we certainly have not been building enough social homes. Therefore, we have already set out some steps, as I mentioned briefly earlier, around the right to buy receipts, and we are consulting on new long-term rent settlements to give providers confidence to build, and we will be investing billions of pounds into social housing. I cannot pre-empt the spending review this week but the Chancellor will set out more then.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.