BRE responds to Chancellor’s Spring statement 2022
BRE Responds to Chancellor's Spring Statement
Following the Chancellor's Spring statement, BRE's CEO Gillian Charlesworth commented:
"Measures to support households through the cost-of-living crisis are welcome."
“The removal of VAT for energy saving materials is positive, however this must be tied in with a clear, long-term strategy for retrofit which includes directives on how to train and retrain the thousands of workers that will be needed to upgrade the UK’s existing buildings.
“Energy efficient homes will be key to improving people’s health and wellbeing, mitigating rising living costs and of course, getting to net-zero.”
“Investment in R&D is critical, and it is encouraging to see the Chancellor’s commitment to reform R&D tax credits. These reforms are crucial to the built environment and enabling the UK to be a true scientific superpower.”
“Finally, it is welcome to see the Chancellor’s plans to improve the operation of the apprenticeship levy. Greater flexibility in how businesses can access and use levy funds will help to build the skilled, innovative workforce we need to reach net zero.”