This afternoon (22 November), Chancellor of the Exchequer Philip Hammond delivered the government's Autumn Budget 2017 announcement.
Within a wide-ranging speech were policy points of particular interest to construction - from £44bn for housing over five years to a focus on digital skills to kickstart UK productivity.
Steve Radley, Director of Policy at CITB, said:
“The Government’s commitment to build 300,000 new homes each year and the £170m Sector Deal should give our industry the confidence and the firepower to make the investments needed to transform its performance.
“The right skills will be critical to deliver this change, so the £34m funding for construction training is a vital investment.
“The focus on digital skills is essential to developing a workforce which exploits the benefits of the digital revolution, aiding modern methods of production and boosting productivity.
“However, there is no quick fix to the skills shortage and construction skills must be of a high standard. We look forward to working closely with employers and Government to ensure these promising new measures deliver for our industry.”
Read the full Autumn Budget 2017.