Business groups have welcomed Government moves aimed at boosting the construction industry, including improved access to trade credit.
Business Secretary Vince Cable said the coalition’s strategy for the sector will help firms innovate and export as well as tackle skills gaps and reduce costs, greenhouse gas emissions and the time it takes to complete projects.
Mr Cable said: “Last week we announced £100bn for new infrastructure to get Britain building again. New roads, railways and energy projects will boost the economy and provide jobs across the country.
“I want to make sure that we maximise our return on this money.”
Dr Neil Bentley, deputy director general of the CBI, said: “While we welcome the Government’s vision of construction as a driver of growth, and this strategy’s ambition to support UK construction firms as global leaders, the test now is whether words will result in real outcomes.”
Brian Berry, chief executive of the Federation of Master Builders, also hailed the move as a positive one. He said: “For too long the image of the building industry has been blighted by the unscrupulous practices of those operating in the informal economy.
“The announcement to expand the TrustMark scheme for tradespeople and to introduce new standards is a welcome step to help drive out the rogue traders.
“The challenge going forward both for Government and the building industry as a whole will be to ensure that consumers are made aware of the benefits of only using TrustMark-accredited tradespeople.”
While we welcome the Government’s vision, the test now is whether words will result in real outcomes