Skip to main content

Construction: Industry

Question for Department for Business, Innovation and Skills

UIN 213641, tabled on 5 November 2014

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of the recent fall in UK construction Purchasing Managers Index.

Answered on

17 November 2014

The most recently published UK Construction Purchasing Manager’s Index, for October 2014, indicated a strong overall increase in UK construction output albeit with slightly weaker growth than in previous months. The index remains much higher than the long-run average and the industry is optimistic about the future.

The Department for Business, Innovation and Skills continues to support the industry by working with the industry to remove barriers to growth by improving the planning system, access to finance, and easing the burden of regulation.

On the demand side, we are stimulating the house building industry - in Autumn Statement 2013 my Rt. Hon. Friend the Chancellor of the Exchequer announced a £1bn extension of the Local Infrastructure Fund for large scale housing sites, to unlock around 250,000 homes over 6 years. We are also stimulating infrastructure development. The National Infrastructure Plan (NIP) sets a strategic vision for forthcoming infrastructure needs. It has identified a pipeline of over 500 projects costing around £250bn to 2015 and beyond.

On the supply side, we are working closely with the Construction Leadership Council to ensure that the industry is well placed to respond to growing markets, tackling issues such as skills, innovation, sustainability, productivity, efficiency and export performance.

Answered by

Department for Business, Innovation and Skills