Built Environment Sector Debate
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(2 days, 8 hours ago)
Lords Chamber
Baroness Lloyd of Effra (Lab)
My noble friend is absolutely right on that point. We need to have the right standards, skills and funding. Among the programmes the Government have in front of them, the affordable homes programme, for example, commits £39 billion over 10 years to build social and affordable housing, which will include low-interest loans and rent settlement reforms to support housing providers to provide those decent standards of housing across the country.
My Lords, the report argues that the built environment should form a core part of the Government’s industrial strategy. But, as we heard in our recent debate on steel, for Britain to have a strong industrial base, we must also foster a flexible, innovative and low-tax business environment if industrial policy is to thrive. Could the Minister give the House an assurance that the Government will not impose further tax increases on British businesses in the forthcoming Budget?