Housebuilders: Information Sharing

Lord Aberdare Excerpts

Tuesday 15th July 2025 Lords Chamber

[Baroness Taylor of Stevenage]

I thank the noble Baroness, although I have set out already the action that we are taking to support SMEs, including the £100 million in SME accelerator loans. We are working collaboratively with all stakeholders, including large developers. That includes setting up the major sites accelerator, which is helping to unblock some of the sites that we know have been held up in the process. A lot of work is being done with the Home Builders Federation, the industry and development companies to make sure that, alongside our reforms to planning and infrastructure delivery, we are moving this on as quickly as possible. As my noble friend Lord Livermore has just said on the previous Question, this will make the biggest contribution to growth, and we know that that is what will get our country going again.

[Lord Aberdare (CB)]

My Lords, I welcome what the Minister has said about support for SMEs and construction. Are the Government also looking at other issues bedevilling SMEs in the construction sector, such as poor payment practices and cash retentions?

[Baroness Taylor of Stevenage (Lab)]

I understand that slow payments and retentions are long and ongoing issues. We have to continue to look at all the barriers to SMEs as we go through the process of trying to speed up housing delivery in this country. Without removing some of those barriers we will not meet the ambitious total of 1.5 million homes that we want to deliver. We need to make sure we are unblocking all the areas that are causing problems in the system.