BBN#190225-Brit Bits News-UK Headlines Update #BritBitsNews #UKNews #UKUpdates

Brit Bits News delivers concise and factual updates on UK news. We summarize key stories and provide links to original, verified sources for in-depth analysis.

**1. Increased Defence Spending**

"Prime Minister Keir Starmer is under pressure to boost UK defense spending to 2.5% of GDP, up from 2.3%. A roadmap is in development, but no timeline has been confirmed. With NATO commitments and military concerns rising, the UK’s defense budget could surpass £67 billion by 2026. What do you think? Let us know in the comments."

**Brit Bits News: Source Links**
**BBC**](https://www.bbc.com/news/uk-politics
**Sky News**](https://news.sky.com/story/uk-defense-spending-2025
**The Guardian**](https://www.theguardian.com/uk-news/defense-budget-2025
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**2. Rachel Reeves Faces Public Backlash**

"Chancellor Rachel Reeves is facing growing public discontent, with 46% of Britons believing she is doing a bad job. Confidence in Labour’s economic plans is low, and 78% of Britons say the economy is in poor shape. Despite a recent budget aimed at growth, the Bank of England has cut its 2025 forecast to just 0.75%. What do you think? Let us know in the comments."

**rit Bits News: Source Links**
**Ipsos**](https://www.ipsos.com/en-uk/almost-half-say-keir-starmer-and-rachel-reeves-doing-bad-job-their-worst-ratings-taking-office)
**YouGov**](https://yougov.co.uk/economy/articles/51377-how-do-britons-think-the-economy-is-doing-in-january-2025)
**BBC**](https://www.bbc.com/news/uk-economy-2025)

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**3. UK Housing Crisis – Labour's 1.5 Million Homes Plan Faces Skepticism**

The UK government is facing challenges in its ambitious plan to build 1.5 million homes by 2030, with experts questioning its feasibility.

- **Construction Industry Concerns**: The National Federation of Builders (NFB) warns that Labour’s target is "unachievable" due to a severe skills shortage. The UK currently lacks over 200,000 construction workers, making large-scale housing development difficult.
- **Labour Market Impact**: The construction workforce has shrunk from 2.6 million in 2008 to 2.1 million in 2023. The sector may need to recruit over 500,000 new workers in the coming years to meet demand.
- **House Prices & Market Trends**: Despite a slowdown in growth since 2022, house prices remain over 50% higher than a decade ago. Estate agents predict a potential 3.5% increase, while some analysts warn of a downturn due to high mortgage rates.
- **Government Initiatives**: The government’s £11.5 billion **Affordable Homes Programme** aims to deliver up to 180,000 new affordable homes by 2026. However, the industry calls for investment in Modern Methods of Construction (MMC) to bridge the skills gap.

**Source Links:**
- [BBC - UK Housing Crisis & Labour’s Housing Plan](https://www.bbc.com/news/uk)
- [The Guardian - Construction Skills Shortage & Housing Market Trends](https://www.theguardian.com/uk)
- Sky News - UK Government Affordable Housing Program
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