Construction needs a mission control

By Simon Rawlinson2024-11-06T07:00:00

More joined-up thinking is required if the industry is to play its role in supporting mission-led government, says Simon Rawlinson of Arcadis

Construction had to wait a long time for Rachel Reeves’ first Budget. Not the three months since her black hole revelations in July, but a full two years since the autumn statement of 2022. This was when, as part of the recovery from the Liz Truss mini-Budget, Jeremy Hunt set plans for public sector capital spending to fall in real terms from after the next general election.

There always was a black hole, but it was rarely discussed.

Given this context, Labour’s investment plans are not simply a welcome boost for construction, they are also a reprieve. The OBR’s October 2024 economic and fiscal outlook makes this clear.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community