Construction News
22/01/2014
The Green Deal Receives A Lukewarm Verdict - FMB
The Green Deal has been given a lukewarm verdict, scoring just two out of five in a one-year anniversary 'report card' from the Federation of Master Builders (FMB), which says the Government must try harder to broaden the appeal of its flagship energy-efficiency policy.
Brian Berry, FMB Chief Executive, said: "It's clear that the Green Deal simply has not achieved the desired results in its first full year, with the majority of SME installers and home owners failing to engage, and the financial package underpinning the scheme proving unattractive to most consumers. Our report card shows that the main problem the Green Deal faces is that consumers are not interested because of the limited appeal of the financial incentives currently being offered. This in turn means that most small local builders are reluctant to spend their time and money becoming certified Green Deal installers, when the potential customer base is really still in its infancy.
"As a financial package, the Green Deal just doesn’t stack up. There are many attractive high street alternatives out there, with loans and credit cards generally available at more competitive rates to fund both the lower and higher value types of eligible energy-efficiency project. Other government incentives such as the recently announced reduction in stamp duty for those taking up the Green Deal are also not inclusive. The pot of money is too small and, worse still, this incentive will only apply to people who are buying or selling their home."
(CD/MH)
Brian Berry, FMB Chief Executive, said: "It's clear that the Green Deal simply has not achieved the desired results in its first full year, with the majority of SME installers and home owners failing to engage, and the financial package underpinning the scheme proving unattractive to most consumers. Our report card shows that the main problem the Green Deal faces is that consumers are not interested because of the limited appeal of the financial incentives currently being offered. This in turn means that most small local builders are reluctant to spend their time and money becoming certified Green Deal installers, when the potential customer base is really still in its infancy.
"As a financial package, the Green Deal just doesn’t stack up. There are many attractive high street alternatives out there, with loans and credit cards generally available at more competitive rates to fund both the lower and higher value types of eligible energy-efficiency project. Other government incentives such as the recently announced reduction in stamp duty for those taking up the Green Deal are also not inclusive. The pot of money is too small and, worse still, this incentive will only apply to people who are buying or selling their home."
(CD/MH)
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
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McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
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GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
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Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
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Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
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Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
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The councils used the South East Consortium's Zero Carbon Framework to s
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BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
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Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i