Cement News tagged under: Construction Products Association
UK construction recession deeper than estimated14 May 2012, Published under Cement NewsLatest data from the UK’s Office of National Statistics (ONS) show that construction output fell by 5% in the first quarter of 2012, considerably worse than the estimate of -3% that ONS previously indicated for GDP in the 1Q. Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: “The construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture s... |
CPA: Budget brings no short term benefit, UK22 March 2012, Published under Cement NewsThe UK’s Construction Products Association (CPA) welcomed the Chancellor’s strong commitment to business in his Budget Statement but says it will not bring any significant short term benefit to a construction industry that is forecast to see output fall by 5% in 2012. Commenting on yesterday’s Budget Statement the Association’s Chief Executive, Michael Ankers, said: “The government clearly recognises the constraints on our economic growth imposed by the poor quality of our infrastructure ... |
UK: calls for public sector construction kick-start12 March 2012, Published under Cement NewsThe latest UK construction figures from the Office of National Statistics (ONS), released on Friday, show that domestic output continued to fall in January as concerns mount over declines in private sector activity. January 2012 figures fell 12 per cent compared to December 2011 while for the three month period ending January 2012, output was down 11 per cent compared to the previous three months. Commenting on the figures, Noble Francis, Economics Director at the Construction Prod... |
New UK construction orders fall more than 15%05 March 2012, Published under Cement NewsThe prospects for construction output weakened still further as the latest new orders figures from the Office of National Statistics for the final quarter of 2011 showed a fall of more than 15% compared with the same quarter one year earlier. Commenting on these figures, the Construction Products Association Economics Director, Noble Francis said: "It is extremely concerning to see the ONS figures for construction new orders, which give the clearest picture of how the industry will pan o... |
UK: budget opportunity to stimulate growth21 February 2012, Published under Cement NewsThe UK’s Construction Products Association (CPA) has written to the Chancellor in advance of his Budget statement next month, calling for the introduction of a range of practical policies that, whilst helping drive growth, will not endanger the government’s desire to achieve its medium term deficit target, but speed the country’s economic recovery. Speaking about the Association’s proposals, Michael Ankers, Chief Executive of the Construction Products Association said: “Public sector capi... |
More private finance needed to fund UK infrastructure projects10 February 2012, Published under Cement NewsThe UK's Construction Products Association (CPA) has emphasised the essential role private finance has in providing funding for infrastructure and other public sector assets, especially considering the current constraints on public sector spending in the coming years. The statement comes on the back of the Treasury's recent PFI Review. Michael Ankers, the CPA's chief executive, said: "It is essential to find innovative ways of tapping into private sector finance through, for example, pensio... |