What drama we saw last week with the election! One person who is certainly not pleased with the result is housing minister Gavin Barwell, who lost his seat in Croydon Central to Labour candidate Sarah Jones.
The result left construction uncertain about future policies as Theresa May’s promise of “strong and stable” government turned weak and wobbly.
Greg Hill, Deputy Chief Executive at house builder Hill said: “No business likes uncertainty and housebuilders like it least of all.
“This hung parliament and the horse-trading that will take place over housing policy to get a coalition in place means that many housebuilders will hit the pause button on their investment decisions.
“This is the exact wrong moment for a construction slow down. The country needs new homes desperately.
“We hope that the negotiations are concluded rapidly so that the new government is in place and ready to work with the sector to go out and get building.”
In construction news this week…
Cricket chiefs plan major upgrade for the Oval. Surrey CCC is planning to make the Kia Oval the largest cricket stadium in the UK with a capacity of 40,000.
Fears grow over UK economy as manufacturing and construction stumble. Manufacturing and construction sectors performed poorly in April.
London City office plan resurrected. Developer Fairplay Estates is seeking planning permission for a new 315,000 sq ft office building at the edge of the City of London high-rise cluster.
In MECsafe news this week…
We still have plenty of availability on the following courses:
SSSTS – 15th & 16th June 2017
UKATA Asbestos Awareness – 19th June 2017
SMSTS Refresher – 22nd & 23rd June 2017
If you would like any further information, please do not hesitate to contact us.