5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Timber in construction gets major boost as government pledges new roadmap

by
February 28, 2025
in Investing
0
Timber in construction gets major boost as government pledges new roadmap

Ambitious plans to promote timber as a primary building material and spur economic growth were outlined at the Timber in Construction (TiC) Summit in London.

Environment Minister Mary Creagh announced an updated TiC Roadmap, designed to accelerate the UK’s adoption of timber-based builds, reduce carbon emissions, and ease the nation’s housing shortage.

Under this expanded roadmap, the Government aims to promote the use of homegrown timber and lower-carbon construction methods without compromising on quality or safety. It underscores the need to transform the UK’s reliance on imports—80% of timber currently used is sourced abroad—and capitalise on timber’s natural carbon-storing benefits.

Forestry Commission Chief Executive, Richard Stanford, lauded the plan as a stepping stone towards “timber security” and reducing import dependence. By harnessing increased forestry production in England, policymakers hope to enhance biodiversity, boost rural economies, and provide new green spaces.

David Hopkins, CEO of Timber Development UK, sees the strategy as a “significant boost to the low-carbon construction sector,” signalling that growing the timber industry can underpin national economic growth.

Likewise, Confederation of Timber Industries Chair Alex Goodfellow described timber as an opportunity to “build more low-carbon housing today while expanding forests,” echoing the plan’s ambition to tackle the UK’s environmental targets. Meanwhile, Stuart Goodall of Confor praised the Government’s focus on “productive forestry and homegrown wood-based products.”

In emphasising offsite construction methods and structural timber, the roadmap also resonates with Andrew Carpenter of the Structural Timber Association, who notes it “meets housebuilding targets while also addressing urgent decarbonisation obligations.”

Overall, the Government’s bold commitment to Britain’s timber sector is expected to foster greater domestic production, attract investment in wood processing, and further integrate sustainable materials into mainstream construction. With new measures outlined and wide industry support, timber could prove a key plank in achieving growth, lowering emissions, and delivering critically needed homes.

Previous Post

Incredible British craftsmanship in demand as 80% of UK-made saddles sold worldwide despite export hurdles

Next Post

Trump signals readiness for swift UK-US trade deal during Prime Minister’s Washington visit

Next Post
Trump signals readiness for swift UK-US trade deal during Prime Minister’s Washington visit

Trump signals readiness for swift UK-US trade deal during Prime Minister’s Washington visit

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Benign inflation gives BSP room to cut

    Benign inflation gives BSP room to cut

    July 6, 2025
    Casino-resort operators may get slight boost from e-gambling crackdown

    Casino-resort operators may get slight boost from e-gambling crackdown

    July 6, 2025
    Gov’t debt service bill climbs in May — BTr

    Gov’t debt service bill climbs in May — BTr

    July 6, 2025
    Spatio revamps space to champion Filipino brands

    Spatio revamps space to champion Filipino brands

    July 6, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.