Wednesday 21 February 2018
House of Commons
Official figures suggest that the UK construction industry accounts for 6.1% of all UK economic output. Whilst there are direct economic benefits that arise from capital investment in, and tax receipts from, construction, further benefits can also occur indirectly and have a strong social impact. Improved homes and infrastructure are linked with better health and education whilst construction projects expand employment and skills. Construction also delivers benefits and employment to other industries through its extensive supply-chains and the spending of those whose income is reliant on construction. This Breakfast Meeting will:
• Explore how investment in construction can lead to increased productivity in other industries and wider benefits to society as a whole
• Analyse which factors should be taken into consideration by policy makers and companies to decide which projects are best suited to receiving public investment
• Consider the future challenges facing the construction industry regarding resources and planning regulations as well as the impact of Brexit on construction demand.