• >
  • 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

12.07.2018

3 days of CPD, presentations and networking - Timber Expo

Prepare to be informed, engaged, educated and above all entertained at Timber Expo 2018...
Read more

Opinion

09.08.2018

Who will build our future homes? Lessons from the Housing Design Awards

Each year the Housing Design Awards recognise schemes that help raise the bar for quality...
Read more

Twitter

50 minutes ago

RT @ThinkWood: Meet the first net-zero building in Spokane: The Catalyst. This new building uses cross-laminated #timber, which is… https://t.co/Hw8NaIo5zE

View all news

Get the Wood for Good Newsletter