Delivering Jobs and Growth

Press

Plan B call to Osborne as double-dip recession fears grow
 Plan B call to Osborne as double-dip recession fears grow
Chancellor George Osborne is coming under increased pressure to change course and invest in growth. Yesterday's GDP figures sparked renewed calls for the Chancellor to stimulate the economy and create jobs.Shadow Chancellor Ed Balls said the latest figures showed the government was "off track" and needed to change economic course.He predicted the chancellor...
Building for Growth Parliamentary Briefing
Building for Growth Parliamentary Briefing
On 20th October 2011 the Federation of Master Builders gathered together MPs and experts from across the construction industry to discuss the 'Building for Growth' policy recommendations. The recommendations are designed to help ensure the construction industry can play a central role in the economic recovery, and are driven by a number of the...
Cameron pledges 'Tory housing revolution'
Cameron pledges 'Tory housing revolution'
David Cameron yesterday promised to inspire a new Tory housing revolution and reaffirmed his commitment to planning reform and building more affordable homes. In his speech to the Conservative Party Conference in Manchester, the Prime Minister said he recognised there was a failure in the housing market, which he blamed on the debt crisis and the former...
Government reveals plan to build extra homes well advanced
Government reveals plan to build extra homes well advanced
Housing minister Grant Shapps has revealed that some 50,000 plots have already been identified to build extra affordable homes. Speaking at a fringe session at the Tory party conference organised by the Home Builders Federation and National House Building Council, he accepted the country faced a housing crisis but said the Government's plan to release...
Cameron fires up plan to build 200,000 homes
Cameron fires up plan to build 200,000 homes
Prime Minister David Cameron plans to rekindle the council house right-to-buy scheme to generate extra cash to build more homes. He also said plans would to rolled out to hand house builders thousands of acres of land on a build now and pay later basis.Together the two measures could create 400,000 industry jobs and deliver 200,000 homes, estimated ...
CBI chief calls for urgent action to stimulate house building
CBI chief calls for urgent action to stimulate house building
The influential head of the CBI has called on Government to bring forward fresh measures to kick-start house building. In a speech to business leaders, John Cridland, director-general argued that boosting activity in the housing market and construction sector could be a major "game-changer" for growth. "I want to see the Chancellor use his autumn statement on...
Ed Balls sets out emergency Plan B
Ed Balls sets out emergency Plan B
Shadow chancellor Ed Balls has set out a stimulus package that would see VAT slashed to 5% for home improvements and extend the bankers bonus tax to pay for 25,000 affordable homes.He also called on the government to bring forward genuine long-term investment projects covering schools and transport.Balls told the Labour Party conference that the time had come ...
British building boom 'would create 200,000 jobs'
British building boom 'would create 200,000 jobs'
More than 200,000 new construction jobs will be created and the UK economy boosted by £75bn if housebuilding returns to pre-war levels, according to economic research....Published By: The Telegraph Finance  read...
Housing ownership to fall to lowest level since mid-1980s
Housing ownership to fall to lowest level since mid-1980s
England's housing associations warned today that the housing market is heading for an unprecedented crisis as it forecast steep rises in the private rental sector and a house price boom.The National Housing Federation blamed the bleak outlook on an under-supply of homes.This will see the number of people who own their own homes in England slump to its lowest...
Scotland's Plan B success shows way for UK recovery
Scotland's Plan B success shows way for UK recovery
Construction employment in Scotland has risen by 10% in the last year, stoked by its commitment to keep up capital spending. First Minister Alex Salmond today called on the Chancellor George Osborne to examine Scotland's success in stimulating its economy and adopt a Plan B based on investment in construction in the rest of the UK. He said: "By...
Call intensifies for Coalition to adopt Plan B
Call intensifies for Coalition to adopt Plan B
The Government is coming under mounting pressure to adopt a Plan B alternative to its deep spending cuts. The industry campaign to invest in the built environment as a means to get Britain back on the path to economic recovery by creating new jobs is now gaining momentum in the political mainstream. Its campaign to persuade Government to invest in new...
Cameron agrees its time to Get Britain Building
Cameron agrees its time to Get Britain Building
Prime Minister David Cameron today conceded he needed to get Britain building again as latest GDP figures were knocked by a sharp fall in construction. The Prime Minister adopted the industry's campaign slogan when he expressed concern about the latest output figures which showed the overall economy grew by just 0.5% during the first quarter of 2011. The...
Growth Budget takes step in right direction
Growth Budget takes step in right direction
The house building industry has broadly welcomed the Chancellor's Budget to try to tackle the housing crisis. But leaders have also warned that long-overdue measures to reform planning must be followed through. George Osborne unveiled a widely trailed £250m package to help first time buyers get a foot on the housing ladder, planning reforms and 21...
Recovery at Risk as 90% of Builders Fear Rising Inflation warns FMB
Recovery at Risk as 90% of Builders Fear Rising Inflation warns FMB
The Government's hopes for an SME led recovery have been dealt a serious blow by the latest results from the building industry, according to the Federation of Master Builders (FMB), the largest trade association in the UK construction industry. The latest results from the FMB's quarterly State of Trade Survey, the only survey of small and medium ...
Plan B is key to solving Britain's unemployment woes
 Plan B is key to solving Britain's unemployment woes
The Government could wipe out the country's soaring unemployment problem if it adopted bold measures to stimulate house building. According to latest figures, unemployment ballooned to a 17-year high of 2.5m in January, a level that threatens to seriously hamper economic recovery. Get Britain Building Plan B campaigners have urged Chancellor George Osborne...
One in 10 jobs lost since construction peak
One in 10 jobs lost since construction peak
Pressure mounted on the Government to stimulate construction after the latest jobs figures showed another big quarterly decline. Since the industry peaked in September 2008 a staggering 246,000 jobs have been shed from construction, according to the new Government figures. This equates to about one in 10 of the workforce. The new figures for the fourth...
Housing gap to hit 750,000 homes by 2025
Housing gap to hit 750,000 homes by 2025
England faces a shortfall of 750,000 homes by 2025, centre-left think tank the Institute of Public Policy Research has warned. Assuming the economy bounces back to historic build levels, the gap between supply and demand could be equivalent to the entire housing demand of Birmingham, Liverpool and Newcastle. Using the government's own projections for...
One-third of builders forced to cut more jobs in 2011
One-third of builders forced to cut more jobs in 2011
Local builders are entering their fourth successive year of decline, according to the latest Federation of Master Builders trade survey. One-third of builders said they see no alternative but to cut jobs over the next 12 months as workloads are expected to continue to fall. Government cuts are making matters worse, it added, with more than half of builders...
Time has come for Government to adopt Plan B growth plan
Time has come for Government to adopt Plan B growth plan
The Get Britain Building campaign has urged Government to adopt a back-up plan to stimulate growth and job creation.The coalition of industry bodies launched a Plan B growth strategy to stimulate economic activity late last year as the economic recovery showed signs that it would falter. Backers of the campaign have called on the Coalition Government urgently...
Economists support call for Government to draw up a plan B
Leading economists are backing the call for Government to set out a plan B to swing into action if the economy is thrown into recession by the new austerity measures. There is mounting concern that the Chancellor George Osborne's gamble with the economy could plunge the UK in to a double dip recession.Their fears bring fresh impetus to the Get Britain...