"Pennycook stated, 'We are not doing this. It's not a credible or serious policy proposition.' He emphasized the government's consistent stance against rent controls, citing evidence from various countries and regions."
"Reed remarked, 'I've been crystal clear we're not doing it.' His comments reflect the government's firm opposition to the rent freeze proposal and the potential implications for housing policy."
Senior ministers, including housing secretary Steve Reed and housing minister Matthew Pennycook, have dismissed the idea of freezing private sector rents. No 10 has ruled out the proposal, which has sparked speculation about Rachel Reeves' job security. Pennycook stated that the government has no intention of implementing rent controls, citing evidence from other countries and regions. Reed echoed this sentiment, asserting that the government will not pursue the rent freeze. The backlash has raised questions about the chancellor's position within the government.
Read at www.theguardian.com
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