UK Chancellor announces £39 billion for affordable housing over 10 years to tackle housing crisis.

UK Chancellor Rachel Reeves announced a £39 billion investment in affordable housing over the next decade, aiming to address the nation's housing crisis. The funding, reaching £4 billion per year by 2029-30, is the largest in half a century and will focus on building social rent homes. Charities and housing providers have praised the move as a "watershed moment" in reversing decades of neglect in the housing sector.