004 BP 1016

BP 10 October 2016

BUILDING PRODUCTS While the previous Chancellor of the Exchequer George that the priority will be to spend on new homes and transport. This, no doubt, is music to the ears of all of us involved in the construction industry, although bringing the nation’s coffers into a state of surplus should not be forgotten in an attempt to ensure the UK stays ‘up there’ with the major players ... especially at a time of Brexit. Communities Secretary Sajid Javid has put some ‘meat on the bone’ of the Conservatives promise, with talk about a £5bn plan which will include the construction of 250,000 new dwellings on brownfield sites. Just a few days earlier to the announcement from Philip Hammond, the Labour Party told us at its conference that, if elected to power, it would build over a million new homes ... at least half of them council houses. Historically, the Americans recovered from the Depression by concentrating on construction, and this has since been bookmarked as the solution to recession woes. It seems our own misfortunes over recent years (no matter which political party to which you give your allegiance) will – it is hoped – be overcome by a similar approach. Mr. Hammond has firmly indicated that next month’s Autumn Statement will, as part of a ‘flexible and pragmatic’ plan, give greater scope for investment to boost the economy – including £2bn of extra borrowing to speed up the construction of new dwellings. Editor Phil Stronach 01626 330440 Osborne was focusing on balancing the books by 2020, the current holder of that lofty position has changed the direction of attack, and has promised pstronach@unity-media.com Assistant Editor Hannah James 01732 748042 hjames@unity-media.com 4 BUILDING PRODUCTS | OCTOBER 2016 EDITOR’S COMMENT Sales Director Andy Dunn 01732 748065 adunn@unity-media.com Production Manager Jo Claydon-Smith 01732 748064 jclaydon-smith@unity-media.com Calls for increases in construction expenditure will always be well received, as there is very little that can be interpreted as a negative (apart from the continued use of natural resources, and the loss of areas of natural beauty). But, we all know of the many, many promises that have been made by politicians in the past, that have failed to come to fruition ... only fuelling our cynicism and mistrust. It is a brave call to commit to significant amounts of investment in construction (or any other industry) at a time when others would be encouraging us – as a nation – to save. Many are calling for us to build metaphorical fiscal foundations rather than those of a physical concrete variety, but if a construction industry boost can get the entire nation back into winning ways, then it should be encouraged ... whatever our individual political leanings. It seems that, from a construction point of view, we need not be too fussed who ends up being the occupant of No.10 Downing Street after the next election, as this industry – and housebuilding in particular – finds itself in a ‘win, win’ situation. Design & Repro Tom Jackson tjackson@unity-media.com Finance Director Helen Lawson To subscribe call: 01732 748084 Phil Stronach, Editor Head Office The Manor, Nepicar House, London Road, Wrotham Heath, Sevenoaks, Kent TN15 7RS Tel: 01732 748000 Fax: 01732 748001 © 2016 Unity Business Press Est 1985 ISSN: 0261-8761 Controlled free circulation: Building Products is available free of charge to personnel who come within terms of control. Copies are available on subscription to persons who do not qualify. Subscription Rates: Annual UK: £35 Overseas: £50 Single Copies: UK: £3.50 Overseas: £4 Building Products is published by Unity Business Press, a part of Unity Media Communications Plc. Publisher of 18 titles including: Glass & Glazing Products; Heating & Plumbing Monthly; Roofing Cladding & Insulation; RCi Annual Directory & Your Build Printers: William Gibbons & Sons, Willenhall, West Midlands, WV13 3XT. Direct input by Unity Media plc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic of mechanical. While every effort is made to ensure accuracy the publishers do not accept liability for errors, printing or otherwise, appearing within this publication. Some of the colour pictures used editorially are provided and paid for by suppliers. The views expressed by contributors are not necessarily those of the editor or publisher. * Average net circ 20,000 – 01/07/2015 - 30/06/2016


BP 10 October 2016
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