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Housing: Construction

Department for Business, Energy and Industrial Strategy written question – answered on 27th July 2017.

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Photo of Baroness Redfern Baroness Redfern Conservative

Her Majesty's Government what assessment they have made of the impact of the Industrial Strategy Challenge Fund on the construction industry in delivering future housing needs.

Photo of Lord Prior of Brampton Lord Prior of Brampton Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The new Industrial Strategy Challenge Fund (ISCF), announced in November 2016, will back priority technologies where the UK has the potential to turn research strengths into a global industrial and commercial lead.

The first challenges announced as part of the ISCF will invest over £1bn in creating the UK industries of the future. There will be a wave 2 and Government will be consulting further with industry and other stakeholders over the summer.

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