PARLIAMENTARY WRITTEN QUESTION
(2 December 2024)
Question Asked
To ask the Secretary of State for Business and Trade, what assessment he has made of Autumn Budget 2024 on the construction sector.
Asked by:
Alison Griffiths (Conservative)
Asked by:
Alison Griffiths (Conservative)
Answer
The Government is committed to supporting growth and investment in the construction sector. At the Budget, plans were announced to boost capital investment by over £100 billion over the next five years, including in transport and housing, to help unlock long-term growth.
We are providing over £5 billion of investment in housing next year, increasing the affordable homes programme to £3.1 billion and providing £3 billion of guarantees to boost the supply of homes and support small house builders. Alongside our planning reforms and our new Industrial Strategy, we are providing the stability needed to enable a thriving construction sector.
Answered by:
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