According to the construction enquirer they have stated that in the reaction to the budget last week. that construction leaders have said the the chancellor has failed to desperately needed boost in the short term. To work within the industry which is currently facing a fall of around five percent in output. However there was welcome news on the chancellor’s measures to alleviate the burden on business by reducing taxation which was welcomed.
However there are still growing concerns that the Government has not taken seriously the problems. That the contractors are facing from dwindling orders, because spending cuts will become deeper this year. The industry leaders are saying the Budget falls are way too short in terms. Of the extra road and rail spending that is required to provide adequate infrastructure.
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