Taxation: VAT on Retrofitting Buildings Debate

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Department: HM Treasury

Taxation: VAT on Retrofitting Buildings

Lord Bishop of Chester Excerpts
Thursday 25th July 2013

(11 years, 4 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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I completely agree with the noble Lord. Of course, that is why we set up the Green Investment Bank, which is already proving its worth, not only in putting money into green projects on its own behalf but getting a significant multiple of private sector investment coming in to support that government pump-priming.

Lord Bishop of Chester Portrait The Lord Bishop of Chester
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My Lords, the Minister has twice referred to the Green Deal as the Government’s policy response to the issue. Can he tell the House how the take-up of the Green Deal is progressing in relation to the hopes that were expressed?