Nov

Brexit Swings a Sledgehammer at Britain’s Housing Market

Philip Hammond promised just last week to “fix Britain’s broken housing market.” One slight problem is that Brexit threatens to take a sledgehammer to the plan hatched by the U.K. Chancellor of the Exchequer.

Now, it’s unfair to pin the blame for the imminent departure from the EU on Hammond. He’s probably the keenest Europhile in Theresa May’s fractious Conservative cabinet. But there were already quite a few doubts swirling around his aim to build 300,000 homes a year by the middle of the next decade…

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Brexit Swings a Sledgehammer at Britain’s Housing Market

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