David Cameron wants to transform fortunes of ailing construction industry

After the disastrous results for the construction industry for the first few months of 2011, David Cameron has launched a campaign to “get Britain building again”.

The Prime Minister was responding to the latest figures from the Office for National Statistics, which found that construction output dropped by 4.7% in the first quarter of this year, which dragged down the growth of the UK economy, which grew slightly by 0.5%.

In the House of Commons, Mr Cameron said the figures were “disappointing” and that there is a need to “get Britain building again.”

Vince Cable echoed the thoughts of the Prime Minister, with the Business Secretary telling BBC’s Newsnight that the government were “aware of the construction industry’s difficulties”, and “sustainable growth in the wider economy would bring construction with it.”

We mentioned on Train4TradeSkills News that the ONS statistics for construction in 2011 had been criticised heavily by construction experts. After Construction Products Association CEO Michael Ankers spoke out about the stats, the same company’s economics director said the data may be six weeks out of date and included some of the December data (where the freezing weather hampered the construction industry) in their readings.

Construction Products Association economics director Dr Noble Francis has consistently highlighted the discrepancy between construction invoices and output, with monthly estimations of the latter proving difficult.

He said the data may be up to six weeks out of date and mean some of the snow-hit December data may be seeping into the first quarter’s readings.

What do you think the government and the Prime Minister need to do to improve the fortunes of the construction industry? Comment on here and let us know on the Train4TradeSkills Facebook and Twitter pages.

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Posted on April 28, 2011, in construction jobs, construction news, train4tradeskills and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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