CBI question government’s grip on finance

The Confederation of British Industry said they had reservations about the Department of Business’s new low-carbon construction plans. Earlier today, BIS set out ways in which government will have to […]

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By Tom Gibson

The Confederation of British Industry said they had reservations about the Department of Business’s new low-carbon construction plans.

Earlier today, BIS set out ways in which government will have to work with construction in the future.

Dr Neil Bentley, CBI’s Deputy Director-General, said government had to do more to develop finance: “We’ve welcomed the Green Deal, as it has the potential to drive energy efficiency, job creation and growth in the construction sector. However, the CBI has serious concerns about the financing and take-up of the Green Deal, and we are calling on the Government to stimulate both consumer and business interest.”

The plan published today is the Government’s response to the industry’s Innovation Growth Team report, presented by Government Chief Construction Advisor Paul Morrell in November.

Mr Morrell said he was confident with the government’s plan: “I am delighted that the Government has taken on board so many of the recommendations from the IGT report. To ensure that construction rises to the low carbon challenge we need to continue this new level of cooperation so I am also pleased that a joint Government and industry board has been set up to ensure implementation of this plan.”