Government needs to take action to support construction industry - Wright

Iain Wright MPIain Wright MP, Labour’s Shadow Minister for Competitiveness and Enterprise, commenting on Construction Products Association forecasts today which predict that construction output will fall by three per cent this year and that construction growth will not revive until 2014, said:
 
“The construction sector is an important and much valued part of the economy. We need a strong construction sector to help lead the country out of the economic doldrums.
 
“The sector is crying out for a government which recognises its importance and supports the industry in developing investment, skills and supply chain opportunities. Instead, this Tory-led Government is slashing public sector construction work by almost 20 per cent and failing to offer a compelling vision for the future which encourages developers to invest, while a weak Business Department lacks the influence in Whitehall to persuade Government to act on behalf of this crucial sector.
 
“The Tory-led Government needs to act, which is why I am calling for a construction summit to show support for the industry at this difficult time, to coordinate government efforts and to promote jobs and growth. Labour’s five point plan would help construction firms now by bringing forward vital infrastructure projects and giving a one year National Insurance tax break to small firms taking on extra workers.”