Hans Schreuder, Managing Director Rockwool UK stated:
“We welcome plans to reduce corporation tax and provide National Insurance reductions for qualifying new businesses in Wales,Northern Ireland, Scotland and the UK regions. We believe these measures collectively will help UK manufacturing businesses as they look to grow out of the recession.
"The average 25% reduction in non-ring fenced departmental budgets that George Osborne alluded to is significant and we will have to wait and see what the precise impact will be. Cuts to the housing budget have already been widely anticipated and, if true, will present a significant challenge for local authorities and housing associations as they look to develop and modernise housing stocks and drive the ‘Green’ agenda.
“While all modernisation projects will be affected, we would encourage the Government, local authorities and housing associations not to automatically cut energy efficiency programmes and to continue to invest in helping businesses and homeowners 'Green' the fabric of their properties. These refurbishment projects are extremely cost effective at delivering real benefits to the environment and in helping home owners to reduce energy bills”.
“While resolving the budget deficit may be a critical priority today, cutting the UK’s carbon footprint remains tomorrow’s big challenge.”
