Business groups back plans for construction boom

Business groups back plans for construction boom

A host of business leaders have come out in support of the government's plans to deliver a sharp boost to the construction industry, which could trigger a rise in activity for some time to come. Business secretary Vince Cable has this month suggested the coalition is committed to helping organisations be innovative and creative, as well as assisting them when it comes to exporting and tackling the skills gaps they face on a daily basis. Indeed, the politician explained that an announcement of £100 billion of new funding was made. This will help to get Britain building once again, with new roads, railways and energy schemes all named by Mr Cable as being on the agenda. He also emphasised his determination to make sure the country gets the very most out of the fund it possibly can, and that cash is not wasted. His words seem to have gone down well with a host of industry chiefs, such as Dr Neil Bentley, deputy director general of the Confederation of British Industry, who said the body welcomes the announcement, although it is keen to see "real outcomes" achieved. Brian Berry, chief executive of the Federation of Master Builders, said earlier this month: "For too long the image of the building industry has been blighted by the unscrupulous practices of those operating in the informal economy. The announcement to expand the TrustMark scheme for tradespeople and to introduce new standards is a welcome step to help drive out the rogue traders." Of course, the test now is whether the government's plans and improved pot of funding will have an effect and drive the construction industry over the coming years. If it does, it could make construction jobs a more appealing prospect to young people around the UK and encourage many of them to seek qualifications and experience that will stand them in good stead for a career in the industry and significant levels of success.

Please rate

Comments 

Ctrl + Enter

Most Read

Are we seeing a decline in the UK Construction Industry?

Are we seeing a decline in the UK Construction Industry?

After recent events in the UK political scene, many have forecasted a decline in the economic performance of the UK industry starting in 2017. Are the March figures demonstrating this yet? Anglo studies some of the most reliable industry reports from IHS Markit in an attempt to answer this critical

How to attract women into engineering?

How to attract women into engineering?

In celebration of the International Women’s Day, Anglo Technical has decided to make a quick overview of the position of women in the workplace and in engineering, in the UK and worldwide.   Over the past few decades, women have proven they are able to engage in lots of activities that

IR35 is coming

IR35 is coming

On Thursday 6th of April 2017, new UK Government IR35 legislation finally kicks in for Public Sector LTD company contractors or as HMRC like to call it “Personal Service Company (PSC)” contractors.   It has already caused a shift in the amount of LTD company contractors currently

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.