Chancellor Should Boost Construction to Drive Growth
The Construction Products Association (CPA) has called on the Chancellor George Osborne to recognise the potential of the construction industry to drive economic growth and create new jobs in the trades.
According to the Association, it is vital for the government to spend the multi-billion capital investment boost announced in the Autumn Statement that could provide 0.8% additional growth in GDP.
Chief Executive of the CPA, Diana Montgomery said: “With the general economic outlook continuing to look uncertain, we are urging government to do more to drive growth by building on the recent increase in capital investment for repair and maintenance of roads and extending this to other parts of built environment, such as housing, schools and hospitals.
“We also want to see the UK improve on its current ranking of 24th in the world for the quality of its infrastructure. For the UK economy to remain internationally competitive in attracting inward investment, it is essential that there are significant improvements in its infrastructure.
“Government frequently states it is aware of the importance of the construction industry and its product manufacturers and suppliers. In these challenging times for the UK economy, the opportunities that we provide to drive economic growth and build a more sustainable future for the UK need to be prioritised. We can only hope the Chancellor does indeed recognise this.”
To read the full draft of the letter from the Construction Products Association to the Chancellor, click here.
Posted on February 27, 2013, in Building Construction Industry, Business, Career change, Construction, construction jobs, construction news, Education, Employment, Environment, Government, Heath and Safety, Infrastructure, Osborne, plumbing, plumbing jobs, Plumbing News, Politics, t4ts, Technology, Trades, train4tradeskills, Train4TradeSkills News, UK Economy and tagged 4, Autumn Statement Building sector, Chancellor, construction industry, Construction Products Association, Diana Montgomery, Economic growth, Employment, George Osborne, new jobs, politics, skills, t4ts news, trade, trades, train, train4tradeskills, UK GDP. Bookmark the permalink. Leave a comment.