The chancellor's big plans amount to little of substance for the construction industry
As if in compensation for all the anticipation before and excitement during the Budget announcement, we are left with the dull thud back to reality afterwards.
Certainly, for construction the Budget itself changed little of substance.
Alright the first-time buyer stamp duty holiday was an eye-catching cheeky move. But we all know its greatest impact will be in 20 months time when we will see a flurry of activity by those who don’t want to miss out on potentially saving a grand or two on a home that will in all probability be a three or four grand more expensive because of the sudden increase in demand.
But the central problems remain for construction, who or what will fill the huge hole that will be left in funding for capital works as the state retreats?
To read more, go to the Brickonomics blog.