Gillian Charlesworth CEO at BRE

BRE welcomes Budget business rates reforms

Gillian Charlesworth CEO at BRE

Today’s Budget contained welcome changes to business rates – but showed that there is still much that could to be done to address the challenges of the climate emergency in the built environment. BRE’s CEO Gillian Charlesworth commented:

“Although we are disappointed not to see some of the policies we hoped would complement last week’s Heat and Buildings Strategy, such as a VAT cut for home retrofit measures, we strongly welcome the business rates exemptions for green technologies.

“This should incentivise many more businesses to take measures such as installing heat pumps and solar panels, which will help to decarbonise our building stock. The Government has also shown its clear support for R&D, which will help British science to continue to lead the world.”