Britain’s biggest housebuilder urges government to support first-time buyers

Taylor Wimpey chief Jennie Daly calls for revival of help-to-buy equity loan scheme to revive property market

The boss of one of Britain's biggest housebuilders has urged the government to announce more support for first-time buyers to revive a property market that has cooled in the very long shadow" of the looming budget.

Jennie Daly, the chief executive of Taylor Wimpey, also warned against an accumulation of regulation", arguing that a perverse outcome" of green measures could be that it becomes unviable to build new homes in poorer areas of the country.