Budget "uninspiring and empty" says GGF

News Item
25 Mar 2015
The GGF has reacted to Chancellor George Osborne’s Budget by describing it as “uninspiring and empty”.

GGF Group Chief Executive Nigel Rees said: “It’s hard to find anything of great significance to our Members in this Budget and we’re disappointed that incentives to homeowners to make their properties more energy efficient are non-existent. On the manufacturing front, we hope the updated Enhanced Capital Allowance for designated energy-saving technologies will include glass and glazing products. The only other possible positive on energy efficiency is the proposal to bring forward the compensation for indirect costs for small scale feed-in tariffs by one year. This may assist our energy intensive flat glass manufacturers, but is a relatively tenuous benefit in what is sadly an empty and uninspiring Budget for our industry.”

He continued: “One positive announcement in the Budget was the Government’s proposal for “housing zones” to build more affordable housing by regenerating brownfield sites. Of course we welcome any initiative to increase new build but this one is fairly limited – looking at the South West and South East only. Aligned to this, another proposal that may help our industry is the plan for a “Help to Buy ISA” scheme which could stimulate new house buying and carry through to replacement windows and conservatories.

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