Housing providers and industry bodies have criticised the government’s mini-budget for not doing enough to support the development of affordable homes.

Mark Perry, chief executive of Vivid Homes, which plans to build 17,000 homes in the south of England by 2030, said there was “almost nothing in the growth plan to help people on the lowest incomes”.

He added: “While targeting growth as an antidote to inflation, why not put the money into building more much-needed affordable homes at rents people can afford?