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.