The head of the IMF has called for the Government to put in place more measures to boost housebuilding.
Speaking at the Treasury this morning as the IMF gives its yearly assessment of the British economy, Christine Lagarde said:
"Addressing imbalances in the housing market...will require further measures to increase the availability of land for development and to remove unnecessary constraints to land use.
More top news
Theresa May has launched her bid to become the next leader of the Conservative Party.
The government is set to announce that David Cameron's successor will make the decision on whether to expand Heathrow or Gatwick.
Michael Gove is to stand for the Conservative Party leadership, saying he does not believe Boris Johnson can "provide the leadership".