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HomeLatest NewsSkills needed to boost construction growth, says FMB

Skills needed to boost construction growth, says FMB

The continued lack of growth across the wider economy and the slight decline in construction output as reported in the ONS Data for July 2024 is a clear sign that the UK economy is still struggling, says the Federation of Master Builders (FMB).

Brian Berry, chief executive of the FMB, commented: “It disappointing to see activity in the construction industry contracting, following what had been a promising start to the summer. The 0.4 per cent overall decline, coming from falls in both new work and repair and maintenance, is a worrying sign that challenging times remain ahead for the construction industry, especially with today’s announcement showing that the UK economy is flatlining. Improving market conditions play a vital role in boosting confidence, and it is crucial the government prioritises economic stability.”

Berry concluded: “Following the recent general election it has been encouraging that the new government is making house building a key priority. The early announcements setting ambitious housing targets and proposing significant planning reforms are promising. However, the UK is currently experiencing a serious skills crisis which is affecting all sectors. Delivering a long-term skills plan to significantly boost the numbers of construction workers will be key in growing capacity, delivering stability, and making these goals a reality.”
www.fmb.org.uk

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