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Failure to cut VAT on refurbishment ‘a missed opportunity’
The chancellor’s green recovery package announced in today’s summer statement does not go far enough, architects have said.
They described plans for the retro-fitting of public sector buildings and social housing as “a welcome first step” but said enduring policy change was needed to give the economy a sustainable kickstart and help the country meet its net-zero carbon goals.
In a bumper mini-budget full of eye-catching measures, Rishi Sunak announced £1bn of funding to improve the energy efficiency of public-sector buildings and a £50m fund to pilot the decarbonisation of social housing through interventions such as insulation and heat pumps.
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