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PRE-BUDGET REPORT: Darling to create 10,000 jobs insulating homes

More than 10,000 construction jobs will be created by a plan to insulate homes in the private and public sectors.

Chancellor of the Exchequer Alistair Darling revealed the plans in today’s Pre-Budget Report.

The Government will bring forward future capital spending in an attempt to reduce energy bills this winter and to employ some of those laid off during the worst downturn in the property market for two decades.

While the main thrust of the report included emergency measures to prompt a pre-Christmas consumer spending spree, Darling emphasised that Labour remains committed to its goals for the environment.

Some of the increased spending will be used to upgrade social housing to make it more fuel-efficient, and there will be a small boost to spending on flood protection schemes.

Click here for a full summary of the Pre-Budget Report 2008.