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AUGUST 2015 PRO INSTALLER
PRO BUSINESS
www.proinstaller.co.uk
A Budget of Hidden Costs
for Construction
Iain McIlwee, chief executive
of the British Woodworking
Federation, warns how the
Chancellors announcements
back in July regarding Housing Growth Partnership, may
well be perceived as a positive step, however attention
should still be highlighted
to the hidden and indirect
costs which may affect the
industry.
“This is a complex Budget for
businesses in our sector, the true
impact of which probably won’t
be known for a while.
“There was a very positive
announcement in July about the
Housing Growth Partnership initiative to bring in added support
for small builders. The Government’s continued commitment in
this Budget to new home building
and infrastructure is also very
welcome.
“But our concern is that it may,
on closer scrutiny; turn out to be
a Budget of indirect and hidden
costs to the construction industry,
the very engine of growth the
Chancellor is depending on most.
“Like others, we have serious
concerns about the future security
of income for housing associations
and their likely ability to maintain
their development or refurbishment programmes. Affordable
housing is