The Builders Merchants Federation (BMF) expressed its disappointment that the Chancellor’s speech did not include financial support needed to kick start the upgrade and decarbonisation of the UK’s housing stock.
However, the BMF welcomed today’s announcement of more investment in further education, which will help promote a low-carbon skills revolution.
BMF CEO John Newcomb said:
“With the UNCOP26 Climate Conference less than a week away, we believe a National Retrofit Strategy is the best way to tackle an urgent national infrastructure priority – namely to improve the energy and thermal performance of homes – especially with rising gas prices adding to pressure on household bills.
“The BMF and others involved in property RMI put together the Construction Leadership Council’s 20-year fully-costed plan to improve existing homes; an investment of £5.3 billion over the next 4 years to tackle emissions.
“Today’s news means international visitors arriving in Glasgow will see a missed opportunity to decarbonise by doing something simple – upgrading homes properly”.
