Hammond earmarks £500m budget boost for infrastructure

The housing infrastructure fund will increase to £5.5bn.Ministers are spending an extra £500m on infrastructure to encourage the construction of 650,000 more homes and restrictions on council housebuilding are being lifted but campaigners are disappointed after the chancellor withstood cross-party pressure to divert billions from landowners’ profits to new homes.Philip Hammond said the housing infrastructure fund, which pays for physical infrastructure like roads and power supp