• >
  • David Hopkins gives his view on missed opportunities in the Summer Budget

David Hopkins gives his view on missed opportunities in the Summer Budget

 

There were some very clever gimmicks within the Budget announcement. However, four months on from the Chancellor’s pre-election budget, it’s disappointing to see key issues surrounding manufacturing, housebuilding and climate change omitted once again.

Not only do these both represent significant challenges for the UK, but they are all key drivers for economic growth.

The UK timber industry is a vital £9 billion low-carbon manufacturing sector that is key to achieving cheaper, quicker, and more sustainable delivery of housing. Recent reports show that yearly output levels of new homes would more than double, and exceed annual housebuilding targets, if off-site methods were used.

The UK needs a new era of sustainable construction with wood at its heart to boost our economy and reduce our emissions. The budget has missed an opportunity to help drive this forward.

Latest news

News

20.03.2020

Wood News Stories During COVID-19

The current coronavirus pandemic sweeping the UK and globe will cause unprecedented...
Read more

Opinion

30.03.2020

Getting to the root: Carbon-jargon buster

Net-zero, carbon free, embodied carbon and offsetting carbon: each concept is a step in...
Read more

Twitter

46 sec ago

RT @asbp_uk: Should safe structural timber be exempt from the proposed ban - for use in external wall of buildings over 11m? Hav… https://t.co/9a5y8NVKdJ

View all news

Get the Wood for Good Newsletter