Delivering Jobs and Growth

Jobs and Growth


A Golden Opportunity

The UK has a golden opportunity to build for the future and in doing so, create jobs, growth, a balanced economy and a greener environment. The UK must invest in new and existing housing if we are to compete in the fast growing global economy.

Solve the housing crisis within a generation Successful delivery of major projects, such as the Olympics and Crossrail provide evidence that the UK has the ability and ingenuity to deliver when it matters. We call upon the next Government to place the delivery of new and improved housing, non-domestic buildings and infrastructure at the heart of their long term plans and ensure that the housing crisis is solved within a generation.


Economy
  • The construction industry accounts for around 9% of GDP and has an annual turnover of more than £120 billion
Housing_growth
  • For every £1 spent on construction, £2.84 is generated in the wider economy

Employment
  • The construction industry employs 3.1 million in the entire supply chain which is 11% of the UK workforce

  • The construction industry employs as many people as the automobile and aerospace industries combined

  • CITB predicts that the construction industry could create 200,000 new jobs by 2019 and in the next ten years, 400,000 construction workers will retire