--U.K.'s Treasury Chief Rachel Reeves plans to create a 'housing bank' to provide housebuilders with cheaper financing, the Financial Times reports, citing anonymous sources.
--Homes England, the government's housing agency, would be redesignated as a public financial institution, FT says.
--This would allow Homes England to increase financing to the housing industry, unlock larger homebuilding projects and attract more private investment, FT says.
-- The Treasury declined to comment to FT.
Full story: https://shorturl.at/9WoTc
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
June 10, 2025 02:55 ET (06:55 GMT)
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