Britain's Business Secretary Jonathan Reynolds delivers a speech on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 28, 2026. (Photo by Darren Staples / AFP via Getty Images)

Britain's Business Secretary Jonathan Reynolds delivers a speech on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 28, 2026. (Photo by Oli SCARFF / AFP via Getty Images)

Britain's Business Secretary Jonathan Reynolds attends the second day of the annual Labour Party conference in Liverpool, north-west England, on September 28, 2026. (Photo by Oli SCARFF / AFP via Getty Images)

Britain's Business Secretary Jonathan Reynolds (L) and Britain's Prime Minister Andy Burnham watch Britain's Chancellor of the Exchequer John Healey deliver a speech on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 28, 2026. (Photo by Darren Staples / AFP via Getty Images)

This aerial picture taken on September 28, 2026 shows construction of a new development in a housing estate in Gisborne, north Melbourne. (Photo by Martin KEEP / AFP via Getty Images)

This aerial picture taken on September 28, 2026 shows a housing estate in Gisborne, north Melbourne. (Photo by Martin KEEP / AFP via Getty Images)

Houses are seen in the northern Melbourne suburb of Sunbury on September 28, 2026. (Photo by Martin KEEP / AFP via Getty Images)

Houses are seen in the northern Melbourne suburb of Sunbury on September 28, 2026. (Photo by Martin KEEP / AFP via Getty Images)