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Transcripts For BBCNEWS Newscast 20240705

laura in the studio. and henry at home. michael gove on the front of the ft. michael gove said in the sunday times that young people are being stitched up by the housing crisis. he did and he said young people might lose faith in democracy if they don t get the houses they need. as you have already alluded to, for somebody who has been in government for 14 years with a bum on the seat of the cabinet table, it is a curious thing to be pointing the finger in this way that somehow this is a terrible, terrible problem and now it must be turn to. whereas people who study the housing market, you can pick up any statistics under the sun to show the issue has become more and more and more acute under 14 years of conservative government. there is a weird element to michael gove trying to make like a bystander. the back story is what he s trying to do is persuade other people and government to make sure the legislation he wants to pass goes through and he wants more money for housing i

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Transcripts For BBCNEWS BBC News 20240707

and you are looking in for every week and month that goes by, the dream of homeownership recedes further into the distance. the average age of first time buyers has been rising continuously. the proportion of young people who can afford to buy their own home has been falling. between 2005 2016, the proportion of 2534 year olds that owned their own home fell by 20%, whereas in most other countries, it has been rising. it is true that we still have higher rates of overall homeownership just ahead of france and just ahead of germany. and it is true that we are building more as fast as we can after a sustained decline in home ownership rates in the labour government, which is now starting to go back up thanks to our support forfirst time starting to go back up thanks to our support for first time buyers and also building more homes. last year, there were 400,001st time buyers of property which was a 20 year high. 400,000 property which was a 20 year high. 400,000 first time

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Transcripts For BBCNEWS Unspun 20240703

Understand what we are seeing as we wait for Angela Rayner to begin speaking. She is an interesting character, isnt she . Big personality. What function do you think she fulfils within the labour party as we move towards an expected election . figs party as we move towards an expected election . ,. , election . As the elected Deputy Leader that election . As the elected Deputy Leader that role election . As the elected Deputy Leader that role for election . As the elected Deputy Leader that role for her election . As the elected Deputy Leader that role for her is election . As the elected Deputy Leader that role for her is fixed, j leader that role for her is fixed, she was selected by Labour Party Members and are still seen as a popularfigure among members and are still seen as a popular figure among members. Members and are still seen as a popularfigure among members. She has talked extensively including at a womens rally yesterday about her background, being someone who knows what

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