(2 months, 3 weeks ago)
Lords ChamberMy Lords, I am very pleased to have joined your Lordships’ Built Environment Committee, but I was not a member for this report.
The noble Lord, Lord Mair, has reminded us that this is not the first report that your Lordships’ House has done into MMC, and spelled out what the 2018 report from the Science and Technology Committee concluded. There was also a 2019 report from the other place on modern methods of construction. It seems very strange that the Government did not take up any of the lessons of either of these reports. I am sure that this Government will do better.
The noble Baroness, Lady Wheatcroft, referred to one of the big problems—confidence—and I agree with her. This was absolutely underlined by the Competition and Markets Authority, which did a market study into the housebuilding sector, concluding in February 2024. On MMC, it concluded that there is a
“lingering negative stigma amongst consumers, builders, investors, and insurers”.
What will the Government do to overcome this lingering negative stigma? Without overcoming it, MMC will always be dragged down by it.