(c) UKREiiF, Angela Rayner speaks at UKREiiF 2024, delivering a speech about Labour’s new towns plan.

The UK government has announced a bold initiative to develop a new generation of towns, aimed at stimulating economic growth and addressing the housing shortage. Led by the newly formed New Towns Taskforce, chaired by Sir Michael Lyons with Dame Kate Barker as Deputy Chair, the programme seeks to create large-scale communities of at least 10,000 homes each. This ambitious project is set to play a central role in many upcoming property construction conferences in the UK.

The new towns are not only expected to provide much-needed housing but also to become hubs for business investment events, especially in regions like the Midlands and Northern England. This initiative could be a focal point at upcoming real estate networking events in Manchester and Leeds, offering property investors and developers a chance to explore the potential of these new communities.

Deputy Prime Minister Angela Rayner, who delivered a keynote speech at UKREiiF in 2024 to announce the new towns plan stated, “Our new towns will deliver housing fit for the future, shaping new communities with real character that people can be proud to call home.” Chancellor of the Exchequer Rachel Reeves, added, “Getting Britain building is at the heart of our mission to grow the economy and make every part of the country better off.”

The New Towns Taskforce will collaborate with local leaders to identify suitable locations for these developments, with a focus on creating vibrant spaces that include housing, green areas, and commercial facilities. This initiative might also provide answers to questions like “How do I win construction contracts?” as it offers new opportunities for the construction industry.

This programme is likely to be a major topic at construction networking events as it offers significant opportunities for growth and development across the UK.

To register your place at the UK’s biggest real estate and property festival, visit https://www.ukreiif.com/ukreiif-2025/