Opinion: Osborne in the last chancellor saloon

This article was taken from Construction Enquirer, please click the link to read article in full.

The industry has no real option but to trust George Osborne when it comes to promises made in the Autumn Statement.

But his track record hardly inspires confidence following a series of previous spending announcements which have delivered very little on the ground for contractors.

The Chancellor is in danger of becoming the boy who cried wolf rather than a fiscal superhero rescuing the UK from its debt mountain.

Yesterday’s £5bn extra for infrastructure and schools sounds exactly the shot-in-the-arm the construction industry is crying out for.

But the same figure was trumpeted in 2011 with only £750m of that cash materialising during the last year.

Let’s hope that Osborne is serious this time as a rapidly approaching general election concentrates his mind on really stimulating the economy.

Osborne today put construction at the heart of the economic recovery

This article was taken from Construction Enquirer – click the link to read the full article.

Chancellor George Osborne put construction at the heart of the economic recovery today as he unveiled sickly growth figures in the Autumn Statement.

Downgraded figures from the Office for Budget Responsibility confirmed the economy will contract by 0.1% this year before growing by 1.2% in 2013, 2% in 2014 and 2.3% in 2015.

He described the statement as “fiscally neutral” with money shifted from current to capital spending.

Osborne confirmed an extra £5bn for capital investment funded by efficiency savings across Whitehall departments as annual infrastructure investment was increased to £33bn.

Osborne said: “The British economy is healing. There are no quick fixes but we are making progress and Britain is on the right track. Turning back now would be a disaster.

“We are confronting the country’s problems rather than ducking them.

“In everything we do we are helping those who want to work hard and get on.”

To read up on new spending proposals and information regarding the reforms of the PFI system please visit Construction Enquirer website.

Surrey Council launches “eBay” for subbies to bid for work

This article was taken from Construction Enquirer – click the link to read the full article.

Surrey County Council is launching an eBay style website for subcontractors to bid for work.

Morgan Sindall, Mansell and Osborne are helping the council with the BuildSurrey site which is due to go live in February.

Council chiefs insist that work with main contractors will be awarded on the basis of quality as well as price.

The BuildSurrey site will also act as an apprenticeship matching service – bringing businesses offering places together with potential candidates.

Surrey County Council deputy leader Peter Martin said: “In the current climate, we must do everything we can to support the local economy and our aim is to ensure 60% of the county council’s spending is with local businesses.

Chancellor to raise extra £5bn for construction projects – again

 

This article was taken from Construction Enquirer – click the link to read the full article.

George Osborne is planning to squeeze Whitehall current spending budgets again to raise an extra £5bn for capital projects.

The Chancellor will demand departmental savings of 1% next year and 2% in 2014/15 to raise extra cash for construction projects.

At least £1bn of this has been earmarked to build an extra 100 new free schools and academies, but the move raises hope that there will be extra cash for housing as well as transport schemes.

Construction leaders will be sceptical about the “new” money following a similar announcement in last year’s Autumn Statement.

The Government has launched two national infrastructure plans since coming to power in 2010, but construction spending has fallen 11% from a year ago and is expected to drop more in 2013.

Subcontractors wanted for £5m Liverpool refurb

This article was taken from Construction Enquirer – click the link to read the full article.

A charity for the homeless is looking for trade contractors to help with the £5m refurbishment of its main hostel in Liverpool.

Chapter 1 is looking for a whole range of specialists for the job which is due to start in the New Year and last 13 months.

The following packages are available:

  • Soft strip and demolition including asbestos removal
  • Scaffold
  • Structural works
  • Raised floors
  • Tanking
  • Lift
  • Internal partitions
  • Soundproofing
  • Roofing including leadwork and rainwater goods
  • External repairs
  • Drainage
  • Hard and soft landscaping
  • Mechanical, electrical and public health installations
  • Glazing
  • Carpentry and joinery
  • Ironmongery
  • Commercial kitchen
  • Flooring
  • Decorating

Any interested parties should contact info@dna-ic.co.uk to express their interest and enclose their contact details quoting reference Chapter 1/Construction Enquirer.

 

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