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Shadow chancellor unveils £50,000 new-home price cut plan

By Drooid · Oct 5, 2026, 3:01 AM UTC · How we work

Summary

Story summary

Shadow chancellor Andrew Griffith will unveil a plan to cut new-home prices by £50,000.
He will propose abolishing Natural England and the Environment Agency, moving duties to Defra.
He will scrap the Extended Producer Responsibility scheme, adding £1.5 billion to business costs.
Liberal Democrat deputy leader Daisy Cooper called the proposals anti-growth and anti-business.
Reform UK spokesman Robert Jenrick accused Conservatives of copying his party’s policies and missing a £15,000 allowance.

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Story summary

Shadow chancellor Andrew Griffith will unveil a plan to cut new-home prices by £50,000.
He will propose abolishing Natural England and the Environment Agency, moving duties to Defra.
He will scrap the Extended Producer Responsibility scheme, adding £1.5 billion to business costs.
Liberal Democrat deputy leader Daisy Cooper called the proposals anti-growth and anti-business.
Reform UK spokesman Robert Jenrick accused Conservatives of copying his party’s policies and missing a £15,000 allowance.