Train4TradeSkills News: David Cameron on “all-out mission” to boost building
David Cameron wrote in the Financial Times that he is focused on updating the UK’s infrastructure and launching new projects, which will in turn create new jobs and rebuild the economy.
The Prime Minister wrote:
“Our focus is on updating our infrastructure. In terms of future productivity, this infrastructure deficit is as serious as our budget deficit. Getting construction projects off the ground is critical.”
Cameron’s speech coincided with the news that two power plants (in Ferrybridge and Thorpe Marsh) have been given the green light, which will create an estimated 1,000 jobs.
The PM’s quest to improve infrastructure comes at a good time, as the second round of cash from the Regional Growth Fund has just been unveiled.
The £950 million injection of cash from the government will allow many building and regeneration schemes to go ahead and companies like JCB, Keepmoat Homes and Pochin Developments are some of the building firms benefiting from the government money.
The cash is expected to create around 201,000 jobs in the UK will go alongside private investment to boost stalled projects.
Deputy Prime Minister Nick Clegg said:
“This targeted support for businesses across the country allows them to expand and create jobs. It unlocks private sector investment – with at least £5 put in for every £1 of public money.
The first pot of Regional Growth Fund money is already making a difference across the country – helping to rebalance our economy so that every region and sector benefits.”
Posted on October 31, 2011, in construction jobs, construction news, Electrical News, plumbing jobs, Plumbing News, t4ts, train4tradeskills and tagged david cameron, David Cameron infrastructure, Infrastructure, Nick Clegg, Prime minister, regional growth fund, t4ts, train 4 trade skills, train4tradeskills. Bookmark the permalink. 1 Comment.