The Autumn Budget contained some positive announcements for the sector, but much that is key to construction, including the government’s 10-year industrial strategy, will not be revealed until the spring Spending Review. In the meantime, firms must plan for the effects of the headline announcement, an increase to employer national insurance contributions, ahead of the new financial year.
Our team of experts has been picking through the content of the budget to see what it could mean for construction, including infrastructure and major projects, housing targets, the investment climate, and carbon. You can stay up to date with the latest news and insights by visiting bcis.co.uk and following us on LinkedIn.
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Budget reaction: what is the impact on construction?
BCIS chief economist Dr David Crosthwaite considers the likely impact of the Autumn Budget on construction…
BCIS webinar – Construction: what does the Autumn Budget mean for the industry? Our chief economist and chief data officer discuss the Autumn Budget implications and share their thoughts on what strategies the government could employ to give our industry the support it requires to thrive. Register here
BCIS webinar – Construction: what does the Autumn Budget mean for the industry? Our chief economist and chief data officer discuss the Autumn Budget implications and share their thoughts on what strategies the government could employ to give our industry the support it requires to thrive. Register here