To ask His Majesty’s Government what assessment they have made of the potential impact of their proposed planning reforms on productivity in the United Kingdom, specifically in relation to the impact of the reforms on the cost of energy and housing.
My Lords, my noble friend points to the key role our Government’s steps to unblock a sclerotic planning system will play in delivering our growth mission. The Government continually assess the potential impact of our policies, including the proposed planning reforms. This is backed up by the independent OBR, which has forecast that the Government’s reforms to the National Planning Policy Framework will add around £6.8 billion to GDP in 2029-30 and raise UK housebuilding to its highest level in 40 years. The Government’s other planning reforms, including the Planning and Infrastructure Bill, will help deliver the Government’s clean power 2030 commitment, which, overall, is expected to unlock £40 billion of investment a year in clean energy infrastructure.
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