Labour ‘staking everything’ on billions in investment to reverse UK’s decline

Exclusive: Angela Rayner in race to persuade housing associations to take on social housing projects

Labour is staking everything" on using billions of pounds of investment to reverse Britain's decline, Angela Rayner has said, promising people would feel the housing crisis ease by the end of the parliament.

The UK housing secretary is now in a race to persuade housing associations to take on social housing projects, with nearly 40bn for affordable and social homes to be spent over 10 years, the culmination of lengthy negotiations with the Treasury.