A £3bn investment in improving our homes and public buildings is a much-needed boost to the insulation industry
The funding is a welcome first step and gives business confidence to create much-needed jobs whilst providing an incentive and support to consumers to decarbonise their homes right across the country.
The Chancellor’s announcement of a £3bn investment in improving our homes and public buildings is a much-needed boost to the insulation industry. This is an industry which has faced increasing and consistent policy uncertainty and a challenging business environment over many years, and non so much as during the COVID19 pandemic, along with many other businesses.
The funding is a welcome first step and gives business confidence to create much-needed jobs whilst providing an incentive and support to consumers to improve and decarbonise their homes and lower their bills right across the country.
Whilst the simplicity of a voucher scheme looks appealing and easy to understand for consumers, we must ensure its design does not create a ‘cowboy bonanza in the rush to get the money out the door’ outcome, but is part of a longer-term energy efficiency home improvement plan.
MIMA’s priority is to ensure quality and safety are paramount and Government must go above and beyond to ensure that the scheme’s design is robust and the approach is centred on quality outcomes at all levels.
