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Government ‘kicking heels’ over investment, claims experts

24 July 2012 No Comment

The government needs to get its act together when it comes to investment in areas such as school building.

That’s the warning let off by the UK Contractor’s Group, representing 32 leading construction firms, who hope to highlight the industry’s contribution to the economy.

Hooghuis-Lyceum-School

The need for accelerated investment

The group’s Creating Britain’s Future campaign is calling for accelerated investment in the industry in order to bring forward infrastructure programmes, thus kickstarting economic growth.

Moving forward with construction services like industrial roofing, house building, commercial property creation and more ‘could lead Britain out of recession’ admit the chief executives of firms including Kier Group, Balfour Beatty and Carillion.

Priority School Building Programme

Christelijke-Bassischool

Stephen Ratcliffe, director of the group, commented on the lack of investment:

“Everyone understands the government has limited finances but there is still quite a lot of money earmarked for capital spending.”

“There is a sense of frustration that the government frankly hasn’t got its act together in getting that money right down to the coalface. The Priority School Building Programme is still not up and running properly,” he added.

Kickstart the UK economy

CBI director John Cridland echoed Ratcliffe’s comments, stating that ‘infrastructure is the best way to get business moving’. However, he slammed government of failing to secure ‘momentum and urgency’ on plans to kickstart the economy, cites sky.com.

Author: Ashley Curtis   Date Written: 12 July 2012

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