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Building industry still in recession – Master Builders

Richard Diment, Director-General of the FMB said: "The UK has barely just by the skin of its teeth come out of recession and for the building industry it continues to suffer. A staggering 33% of FMB firms expect to make staff cuts in the first three months of this year.

"The Government really must do more to support the construction sector because without its help the UK will continue to lag behind our European neighbours.

"Investment in the construction sector really does offer the best hope of propelling this country back into recovery because every £1 spent on construction output generates a total of £2.84 in total economic activity. Any cuts in construction would merely cripple an already badly damaged skills base and supply chain and seriously inhibit the building industry’s recovery.

"The Government must do all it can to help our beleaguered building industry because without its help the industry won’t be able to deliver the homes and infrastructure that will be required when the UK does finally move out of recession."

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