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The response from the Government must be bolder if we are to build, build, build our way to recovery, argues the Federation of Master Builders (FMB), in response to the Spending Review today.
The extra support for business announced today by the Chancellor is welcome, but greater clarity is needed from all levels of Government as to the timetable and nature of the restrictions on business.
Indicative data from our latest State of Trade Survey show Scottish builders faced a sluggish recovery in the summer months, with lockdown restrictions only just easing for construction in the second week of June.
Today’s ONS construction output data showing the increase in private repair and maintenance work by 35.6% in the three months to August has been a welcome boost for British builders but uncertainty remains for the wider construction industry.
The sharp increase in UK construction activity in September, according to the IHS Markit/CIPS PMI data published today, offers hope for new jobs in the building industry.
