Berkeley says it now takes eight years to build a flat in London and calls for tax cuts and red tape overhaul to kickstart building

By Carl Brown2026-06-24T09:49:00

Source: Shutterstock

Housebuilder says profits fell last year and warns “no prospect” for improvement in London market unless ministers act

Berkeley Group has warned the housebuilding market in London has no prospect of improvement without “decisive intervention” from ministers including tax cuts and regulatory changes.

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