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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

How retrofitting the UK’s old buildings can generate an extra £35bn in new money

Grade II-listed Canada House in Manchester, built in 1909
Work is under way at the Grade II-listed Canada House in Manchester, built in 1909 and owned by Grosvenor, to improve its environmental performance. Photograph: National Trust

Retrofitting the UK’s historical buildings, from Georgian townhouses to the mills and factories that kickstarted the Industrial Revolution, could generate £35bn of economic output a year, create jobs and play a crucial role in achieving climate targets, research has found.

Improving the energy efficiency of historical properties – those built before 1919 – could reduce carbon emissions from the UK’s buildings by 5% each year and make older homes warmer and cheaper to run, according to a report commissioned by the National Trust, Historic England and leading property organisations.

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