While the Labour Government’s target to build 1.5 million homes in the next five years is “good to hear,” it will not be possible to achieve without the contribution of small construction firms, according to the Federation of Small Businesses (FSB).
Commenting on Chancellor Rachel Reeves’ speech on reform of the housebuilding system, in which she pledged to accelerate stalled projects and get Britain “building again,” Tina McKenzie, policy chair at the FSB said: “Small housebuilders are the key to achieving ambitious housebuilding targets.”
She added: “It’s integral that a Small Housebuilders Strategy is created to put small businesses front and centre of decision-making, so the builders who have had the hardest time in recent decades can deliver the outcomes the new Government seeks.
“We hope this will be the start of a renewed focus on getting Britain building again, and that the new Chancellor Rachel Reeves will follow up with further much-needed reform such as to the Community Infrastructure Levy, so it’s no longer an upfront charge.
“It’s good to see a clear statement from the new Government that it will focus on the growth that our economy needs.”
