The Liberal Democrat housing manifesto pledge fails to address the urgent need to retrofit the UK's existing housing stock to make it greener and more energy efficient, warned the Federation of Master Builders (FMB).
Brian Berry, Director of External Affairs at the FMB said: "It is very disappointing that the Lib Dems housing pledge fails to mention anything about the need to make the UK's existing 26 million homes greener and more energy efficient. The retrofitting of the existing housing stock is a potential new annual market worth between £3.5 and £6.5 billion which could result in the creation of thousands of much needed jobs in the building sector if the right incentives are put in place."
The FMB believes Lib Dem incentives to bring 250,000 empty homes back into use are welcome but a bigger boost for the entire building sector would have been a proposal to cut VAT for energy efficient improvements to existing homes. The firm said that such a measure would help not only kick-start the building industry but help the thousands of people who are currently struggling to pay their energy bills.
Mr Berry concluded: "The FMB hopes the Lib Dems will link up its entire housing policies so that it has an holistic approach to tackling the current housing crisis rather than what appears to be a disjointed housing manifesto pledge."
(CD/GK)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
29/11/2024
Helmsley Group secured planning permission for the final part of its Coney Street Riverside masterplan which will bring much needed residential space to the city and realise a 50-year ambition to reconnect York to its riverfront. With work expected to start in the summer of 2025, this approval ...
29/11/2024
Network Space Developments (NSD) has received planning approval from Manchester City Council for a major redevelopment project at its Welcomb Street site in Openshaw, Manchester. The four-acre site, acquired by NSD in 2022, will be transformed into an extension of the adjacent City Works Business ...
29/11/2024
Work has commenced on a new lighting scheme designed to create brighter streets in Digbeth, close to HS2's Birmingham Curzon Street station. The Birmingham City Council project – funded in part through a £210,140 investment from HS2's Business and Local Economy Fund (BLEF) – will see the ...
29/11/2024
Building work has commenced on 14 new modern one-bedroom apartments at Ludwick Green in Welwyn Garden City. The apartments are being developed as part of Welwyn Hatfield Borough Council's (WHBC) Affordable Housing Programme, and its commitment to building new social and affordable homes. Ludwick ...
29/11/2024
River Capital has invested £500,000 in Liverpool-based M&E engineering consultancy, Steven A Hunt & Associates Ltd. The funding was structured to facilitate a management buyout (MBO) by the senior management team of Neil Baines, Anne King, Dave Kelly and Dominic Sibbring from founder Steven Hunt, ...
29/11/2024
Henley Restoration and Remedials has been chosen to carry out extensive external and structural repairs on the Grade II-listed Phoenix Mill, the oldest building in the Rutland Mills complex. Originally a grain store, Phoenix Mill later became a corn mill in the 19th century before transitioning ...
29/11/2024
Dorset County Council's North East Technology Park (NETPark) has been allocated over £11 million towards its expansion. The North East Combined Authority's Cabinet has approved £11.3m of funding for the Sedgefield site from its £160m flagship North East Investment Zone (NEIZ), which aims to drive ...
29/11/2024
Laing O'Rourke, in collaboration with Barnsley College and T3 Training & Development, have opened the UK's first dedicated modern methods of construction (MMC) training facility. The first of its kind training centre represents a groundbreaking step in addressing the UK's construction skills ...
29/11/2024
Aqua Direct are keen to share their support for the Urgent Funding campaign from St Giles Hospice. With a national hospice funding crisis, they need your support more than ever ...
29/11/2024
As we approach the end of 2024, we have been reflecting on what an action-packed year it has been. We have worked with some fantastic clients and sites across the country. We started from our base in Essex over ten years ago, and the demand for trackway has certainly been at its highest ...