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Budget

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Industry unpicks major Budget announcements

28-Mar-2012 | By Jack Sidders

Last week’s Budget was always going to be underwhelming for construction after the industry was promised the earth in the autumn of last year.

Budget 2012: VAT introduced on heritage works

21-Mar-2012 | By

Heritage works are going to be subject to VAT from October this year the chancellor George Osborne said today, leading to predictions of a surge in alteration works as clients look to beat the deadline.

Budget 2012: Osborne cuts corporation tax by 2 per cent

21-Mar-2012 | By

Corporation tax is to be cut 24 per cent, a further 1 per cent than previously proposed, chancellor George Osborne announced in today’s Budget.

Budget 2012: Osborne announces slight upward revisions for growth

21-Mar-2012 | By

Chancellor of the Exchequer George Osborne has today announced a slight upward revision in UK economic growth, but unemployment is set to peak this year.

Carbon emissions

UK firms urge Chancellor to return to green growth

18-Mar-2012 | By

UK businesses including contractor Willmott Dixon and engineering consultants WSP have urged the Chancellor to invest in renewables and energy efficiency in his budget on Wednesday to spur economic growth.

Local authority mortgage scheme to be extended to new build

8-Jul-2011 | By Jack Sidders

A major mortgage scheme offering 95 per cent loan to value is to be extended to new build property, Construction News has learned.

Plea for quicker help for new buyers

31-Mar-2011 | By Jack Sidders

Housebuilders are lobbying the government for quicker help for first-time buyers after it emerged the shared equity scheme announced in the Budget would not kick in until September.

College schemes to use James Review

31-Mar-2011 | By

Proposals in the long-awaited James Review will be used in the procurement and construction of work to create 24 university technical colleges announced in the Budget.

Hopes for commercial property boost

31-Mar-2011 | By John McKenna

UK property development could receive a huge cash injection under plans announced in last week’s Budget to make it easier for offshore investors and pension funds to invest in real estate here.

Carbon floor price 'severe blow' to UK steelmaking

24-Mar-2011

Tata Steel’s European chief executive has said the introduction of a carbon floor price represents a potentially severe blow to the industry in the UK.

BUDGET 2011: First four regions name Enterprise Zone locations

24-Mar-2011 | By Jack Sidders

Nottingham, Liverpool, Manchester and London have become the first four areas to name the location of their Enterprise Zones.

BUDGET 2011: At a glance

23-Mar-2011 | By

The government unveiled a raft of measures in today’s Budget and Plan for Growth which it says will help provide growth for the construction industry in the year ahead.

BUDGET 2011: REGIONAL BREAKDOWNS

23-Mar-2011

The effects of the Budget on the construction industry broken down by region.

BUDGET 2011 Regional Breakdown: West Midlands

23-Mar-2011 | By Mark Lewis

The Government has guaranteed investment for the Midland Metro Extension

BUDGET 2011 Regional Breakdown: East of England

23-Mar-2011 | By John McKenna

Investment in East Coast Mainline rolling stock, sustainable transport and science parks were among the highlights for the East of England in today’s budget.

BUDGET 2011 Regional Breakdown: East Midlands

23-Mar-2011 | By Jack Sidders

An Enterprise Zone and two High Value Manufacturing Technology and Innovation Centres were among the highlights for the East Midlands in today’s budget.

Budget 2011

Budget 2011: the tiny carrot after the massive stick

24-Mar-2011 | By Greg Pitcher

If George Osborne smashed the construction industry with a heavy stick in the Comprehensive Spending Review, he offered it a baby carrot in today’s Budget.

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