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Press Release

Construction output down 8.5 per cent compared to this time last year

15 June 2012

The Office for National Statistics has published construction figures for April 2012 showing a fall of 8.5% compared with April 2011.

The government has acknowledged that construction is the backbone of the economy and a key driver in helping the economy out of crisis. However, it is not just the shiny new parts of the industry, housing and infrastructure that require attention. Refurbishment and maintenance offer opportunities for employment and growth.

Julia Evans, chief executive of the National Federation of Builders, said: “The year-on-year decline of 1.4% in repair and maintenance work in the three months to April is a concern. If the Green Deal, the government's flagship refurbishment programme, is to have any chance of success, it needs to be more attractive to consumers. A cut in VAT for all refurbishment from 20% to 5% would provide a £1.7 billion boost to the economy, create around 30,000 jobs and reduce the advantage enjoyed by the cash-in-hand, tax avoiding builder.”




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As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.

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