Budget 2024: RIBA calls package ‘a missed opportunity’

By Jim Dunton2024-03-06T18:04:00

Institute desribes housing funding as a “drop in the ocean” and laments lack of a retrofit strategy

RIBA president Muyiwa Oki has dubbed chancellor Jeremy Hunt’s Spring Budget a “missed opportunity” for the built environment and described the funding announced for new homes as a “drop in the ocean”.

Hunt this afternoon took more than an hour to deliver what is widely expected to be his last budget before the next general election to a highly-charged House of Commons.

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