Tag: Autumn Budget
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Autumn budget: ‘bolder measures’ needed on construction skills
The autumn budget has been met with both relief and concern across the construction industry. Although funding announced for SMEs training apprentices under 25 has been welcomed, many construction leaders worry that the chancellor’s measures do not go far enough to address urgent skills challenges. Below are reactions from some of the industry’s key stakeholders.…
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‘Rising costs remain a major concern’: industry reacts to the budget
Chancellor of the Exchequer Rachel Reeves. Image: Gov.uk The chancellor yesterday (26 November) set out her spending plans in the autumn budget. For the construction industry, it was a mixed bag of partial wins and major gaps – although Rachel Reeves emphasised the importance of infrastructure projects for the country’s economy, the scale of the…
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Autumn budget: CIOB warns of challenges faced by SMEs
“As a sector made primarily of SMEs (more than 99% of the UK construction industry are SMEs), many companies are already struggling with rising costs and a dwindling workforce,” said Eddie Tuttle, director of policy, research and external affairs at CIOB. View the original article and our Inspiration here