The Chancellor's ￡3 Billion Will Help For Now

摘要

The construction industry is bearing the brunt of the downturn, with the Glenigan Index showing the value of new projects is 20 per cent down on a year ago. The chancellor's decision to bring forward ￡3 billion of capital spending on school, social housing, transport improvements and energy efficiency measures will provide a welcome boost. The Government's approach has been to direct the additional funds at existing capital programmes and repair programmes that should be quicker to deliver than flagship projects.