Sunday 26 November 2017

Construction wins government backing for productivity boost

Construction has been chosen as one of the highlighted industries in the government’s bid to boost productivity.

Construction has landed one of the latest round of sector deals worth up to £250m to the industry.

Full details of the deal will be confirmed later today when Business Secretary Greg Clark unveils the government’s Industrial Strategy plans.

Construction was one of 11 industrial sector left in the race for deals.

The other successful sectors are life sciences, artificial intelligence and automotive.

Clark said: “In this Industrial Strategy we set out how we will maintain and enhance these and other strengths and deploy them to our advantage.

“But any serious strategy should address the weaknesses that stop us achieving our potential, as well as our strengths, and this Industrial Strategy does that.

“Britain’s productivity performance has not been good enough, and is holding back our earning power as a country.

“So this Industrial Strategy deliberately strengthens the 5 foundations of productivity: ideas, people, infrastructure, business environment and places.”



from Construction Enquirer http://www.constructionenquirer.com/2017/11/27/construction-wins-government-backing-for-productivity-boost/

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