The basement will be a living space.
Bar, sofa, tv, office.
It will be heated.
Floor slab has 100mm of rigid insulation. There will be UFH at 150mm spacing with screed.
I dont think keeping heat in will be much of a issue, over the winter it was surprisingly not that cold down there. Trying to keep an eye on moisture control.... will have trickle vents in 3 windows, couple of extractor fans and if needed a dehumidifier.
Other option I proposed was
Metal stud (50mm) installed slightly off the wall - floor to ceiling
Metal stud filled with insulation wool bat (50mm)
Vapour Control Layer
37.5mm insulated plasterboard (25mm insulation board, 12.5mm plasterboard)
Skim
I am not sure about using the insulation batts so close to the walls though.