Construction Minister tells NFB that infrastructure will be crucial to economic recovery ​

Addressing members attending the National Federation of Builders Large Contractors Forum, the Construction Minister Nadhim Zahawi said that he was looking to bring forward infrastructure projects to support the construction sector’s economic recovery, after the COVID-19 crisis.

After speaking of the Government’s recent announcement to proceed with HS2, the Minister said:

“I’m talking to other departments to see what projects we can accelerate or bring forward because in terms of incentivising growth, infrastructure is going to be important and the Government’s commitment to infrastructure is going to be important”.

Responding to questions from contractors, the Minister also explained that the Government was keeping its options open when it came to dealing with the fall-out from the crisis, such as potential contractual disputes:

“We will keep under review all the interventions to make sure that as we move to a different profile of how businesses operate, as we come through this crisis, that we are able to respond in a way that can help businesses”.

The Large Contractors Forum took place on 22 April 2020 and saw the largest contracting members of the NFB attend an online conference and discussion. The conference heard from a range of policy professionals and speakers on sector qualifications, training and skills, best practice and building for the future.

Commenting on the LCF, Richard Beresford, Chief Executive of the NFB said:

“The forum was a great opportunity for our members to put their very real concerns to the people who make decisions for the future of our industry, at what is perhaps the most critical juncture in our sector’s history. The Minister’s words came as necessary reassurance that Government is planning for recovery and we stand ready to assist wherever we can”.

The Large Contractors Forum was kindly sponsored by B&CE , CITB, City and Guilds, Considerate Constructors and OpenECX.

Members of the NFB can watch the full webinar in the members’ area of the website.

National Federation of Builders

The National Federation of Builders is a United Kingdom trade association representing the interests of small and medium-sized building contractors in England and Wales.

You May Also Enjoy

Breaking News

NPPF review is a chance to fix planning, build homes, restore wildlife and help SMEs

The latest National Planning Policy Framework (NPPF) unveils an ambitious package of reforms designed to speed up the planning process and make smaller sites more viable. This includes trimming environmental regulations and cutting Building Safety Levy on smaller sites, as well as providing more funding to local authorities to process planning applications faster, whilst taking…
Read More
Letting Agent Talk

Five key tax mistakes made by landlords

By Allison Thompson, National Lettings Managing Director, Leaders Landlord tax is a hugely complicated area, so if you are investing in buy-to-let or renting out any property you own, it’s well worth consulting a specialist property tax adviser. They can help ensure you: a. Own, let, take income and realise gains from your investment in…
Read More
Breaking News

House prices post third consecutive quarter of growth

The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market continued to demonstrate positive momentum during the third quarter of this year, with house prices increasing for a third consecutive time, although the rate of growth seen did slow considerably when compared to the…
Read More
Breaking News

Estate agent predicts ‘Boxing Day Bonanza’ as property market reignites

A leading estate agent is forecasting a “Boxing Day Bonanza” for home movers. Brendan Kay, Managing Director of Parkers Properties in West Oxfordshire, says that the “market is coiling and about to spring” after months of inertia driven by Budget uncertainty. Brendan, who has offices in Witney and Eynsham, looks after clients in some of…
Read More
Estate Agents should not all look the same
Breaking News

Agent numbers set to grow by 4% in 2026

The latest research from The Property DriveBuy reveals that the number of estate agency businesses in the UK could be set to increase by over 4% in 2026, marking another year of solid expansion for the sector and further increasing the level of market competition. Property DriveBuy analysed available Office for National Statistics data (2017-2025)…
Read More
Breaking News

Rental supply climbs 15% despite landlord uncertainty

The latest research from Dwelly has found that, despite what has been an incredibly uncertain year for landlords – marked by political back and forth over the Renters’ Rights Act, its eventual approval, and the additional 2% tax hit delivered in last week’s Autumn Budget – there are currently 15% more rental homes available to…
Read More