{"id":39447,"date":"2018-03-15T09:31:25","date_gmt":"2018-03-15T09:31:25","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=39447"},"modified":"2018-03-15T09:31:25","modified_gmt":"2018-03-15T09:31:25","slug":"bsria-reacts-chancellors-spring-statement","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/bsria-reacts-chancellors-spring-statement\/39447\/","title":{"rendered":"BSRIA reacts to Chancellor&#8217;s Spring Statement"},"content":{"rendered":"<h2>In response to the Chancellor\u2019s Spring Statement, Clair Prosser, BSRIA Press Officer, said: \u201cBSRIA members will be reassured by the Chancellor\u2019s statement on the state of the UK\u2019s fiscal health and future prosperity where \u2018easing the squeeze\u2019 was key\u201d<\/h2>\n<p>Prosser added: \u201cIt\u2019s heartening to see a boost in the state of the UK\u2019s public finances and justifiably judicious to set some aside in the bottom drawer with Brexit ambiguity still compromising the UK\u2019s purse strings.<\/p>\n<p>\u201cDomestic economic growth continues to be tepid which highlights how crucial it is to seize a Brexit that yields engineering and construction industry jobs and careers and an <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-sector-gains-250m-under-industrial-strategy\/36739\/\">industrial strategy<\/a> that helps restores UK output for BSRIA members the length and breadth of the UK.<\/p>\n<p>\u201cThe Chancellor said GDP growth would be 1.4% this year, 0.1% higher than forecast, with the forecast for 2019 and 2020 unchanged at 1.3%.<\/p>\n<p>\u201cOn housing \u2013 he declared that <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/london-to-receive-1-67bn-boost-for-affordable-homes\/39400\/\">London would get a supplementary \u00a31.7bn of funding<\/a> to deliver 26,000 affordable homes, including homes for social rent. This takes the overall number to more than 116,000 by the end of 2021\/22.<\/p>\n<p>\u201cOutside of the capital he announced a housing deal with the West Midlands to build 215,000 homes by 2031 through a \u00a3100m grant from the Land Remediation Fund. To unlock homes in areas of high demand \u2013 he said that government was working with 44 areas on their bids for funding from the \u00a34.1bn<a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/housing-infrastructure-fund-what-is-it-and-will-it-really-make-a-difference\/35694\/\"> Housing Infrastructure Fund<\/a>, and the Housing Growth Partnership, which provides financial support for small housebuilders, will be more than doubled to \u00a3220m.<\/p>\n<p>\u201cThe Chancellor said that \u2018at the heart of our plan for building an economy that works for everyone is our commitment to tackle the challenges in our housing market\u2019 and that \u2018we are concluding housing deals with ambitious authorities who have agreed to deliver above their Local Housing Need\u2019.<\/p>\n<p>\u201cHe added \u2018the Housing Minister will make further announcements on the over the next few days on the Housing Infrastructure Fund\u2019.<\/p>\n<p>\u201cThe UK\u2019s <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/tackling-housing-crisis-must-remain-government-priority\/34239\/\">housing crisis<\/a> is, without a shadow of doubt, one of the biggest challenges we face as a country and such investment is needed to attract, train and retain workers to build the houses we need. But members and industry will only really be encouraged when we start to see a spade in the ground. Certainly \u2013 the smoke signals look good but we must truly start to think big.<\/p>\n<p>\u201cFast action is needed to adjust and amend the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/bmf-reports-apprenticeship-levy-success\/39262\/\">Apprenticeship Levy<\/a>. Its lack of flexibility and complexity are concerns for BSRIA members, so it was inauspicious to miss this chance to grasp this topic head on. A revamped apprenticeship levy \u2013 with a robust skills and careers strategy \u2013 is much needed by industry.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In response to the Chancellor\u2019s Spring Statement, Clair Prosser, BSRIA Press Officer, said: \u201cBSRIA members will be reassured by the Chancellor\u2019s statement on the state of the UK\u2019s fiscal health and future prosperity where \u2018easing the squeeze\u2019 was key\u201d<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,276,572,571,656],"stakeholder_rel_tag":[172398],"contributor_rel_tag":[],"class_list":{"0":"post-39447","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-government","9":"tag-housebuilding","10":"tag-housing-crisis","11":"tag-housing","12":"stakeholder_rel_tag-bsria"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BSRIA reacts to Chancellor&#039;s Spring Statement | Planning, Building &amp; 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