Labour to miss housing target by half a million homes

Labour was accused of ‘failing abysmally’ in its promise to build 1.5million homes – with new figures suggesting it will fall half a million short of its target.

The party vowed in its election-winning manifesto to boost Britain’s dwindling housing stock by an extra 1.5million homes over the next parliament.

It promised at the time to ‘get Britain building again’, creating ‘jobs across Britain’ in the process.

But in an embarrassment for ministers, the Office for Budget Responsibility (OBR) revealed on Wednesday Labour will miss its goal by half a million homes as John Healey unveiled his Autumn Budget.

According to the independent experts,

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