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CBI welcomes Darling's £3 billion public capital move

Chancellor Alistair Darling's pre-budget report which states that public capital spending programmes will to be brought forward from 2010/11, has been well received by the CBI.
“The CBI had been calling on the government to accelerate planned public capital spending programmes where possible', said John Cridland, deputy director-general of the CBI.

He said “Not only will this give the construction industry a much needed shot in the arm, it will lead to increased motorway capacity, more social housing, primary and secondary schools being renovated, as well as investment in energy efficiency measures'.

The UK's leading business organisation is urging the government to create a new post of chief construction officer 'to drive action across the government sector', which will help avoid projects being held up by procurement and planning delays.
25 November 2008


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