Tuesday 23 October 2018
House of Commons
The UK construction industry makes a vital contribution to the UK - adding a total of £138bn per year to the UK’s economy, contributing to 8% of GDP, and employing over 3.1mn workers. However, last year the construction industry had its most sustained fall in quarterly output for more than five years, as businesses’ reluctance to commit to new projects more than offset record levels of house building. The Government’s Construction Sector Deal therefore presents a huge opportunity for the construction industry, with a projected £600bn pipeline of infrastructure projects to be delivered over the coming decades. The deal aims to bring together the construction, manufacturing, energy and digital sectors in a new hub to commercialise technologies capable of building assets which are both cost effective and energy efficient.
This Breakfast Meeting Will:
• Discuss the importance of developing construction skills across the industry to ensure high standards among tomorrow’s workforce.
• Review the progress the construction industry has made in adopting technological change, modern methods of construction and other forms of innovation
• Consider how the recently announced construction industry sector deal will help the UK to deliver better homes and infrastructure
• Explore the future of regulation and its impact on quality and standards for the construction industry.