Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher

By Nicholas Earl The Government should reform stamp duty to encourage Brits to boost the energy efficiency of their new homes, argued Kingfisher, the owner of household brands such as Screwfix and B&Q. Nick Lakin, group director of corporate affairs for the British retail giant, told City A.M. that Downing Street should consider “long-term macro nudges” such as financial incentives to boost insulation during the first 12-18 months people own a new home – when they are most likely to renovate the building. Commenting on potential options, he highlighted the possibility of a reimbursement scheme…

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