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Brexit & The Conservative Party’s Proposals – What Will This Mean For The Construction Sector?

February 25, 2020 | Silver Shemmings

The Legal Corner Blog Team has published it’s latest article, from Paralegal Shriya Chandarana, on the potential effects of BREXIT on the Construction sector of Brexit

Prior to the General Election on 12th December 2019 each political party released their manifesto to the public.
There were proposals to offer extra funding to the NHS, investment in cleaner energy solutions and more control over immigration.

On the 13th December, the Conservative party won the General Election by unanimous vote. Focusing on the construction industry, the Conservative Party in its manifesto suggested plans to invest in the following:

  • £100bn in larger infrastructure schemes as a part of an infrastructure revolution
  • £28.8bn in strategic and local roads including filing pot- holes
  • £4bn in flood defences and clean energy
  • Investment into transportation including initial plans to deliver a Northern Powerhouse Rail between Manchester and Leeds, and then later tackling Liverpool, Sheffield, Newcastle and Tee Valley
  • Investment into improving train lines including the East Anglia and South West
  • A commitment to deliver 300,000 homes per year by using modern methods of construction to achieve this
  • Ensuring the Heathrow expansion can meet air quality and noise obligations without the use of further public money
  • Building a total of 40 new hospitals over the next 10 years.
  • Use of a new £10bn Single housing Infrastructure fund.
  • Raising employment levels in the Construction industry which are currently the lowest in a decade

For the full article read here

 


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