‘Too little too late’: industry reacts as Truss sacks chancellor

By Tom Lowe and Daniel Gayne2022-10-14T15:19:00

Gleeds chairman says prime minister is in a ‘tailspin of disaster recovery’

Liz Truss’ decision to sack her chancellor and U-turn on another flagship fiscal policy is “too little too late to bring lasting confidence to the market”, the chairman of Gleeds has warned.

Richard Steer said today’s action by the prime minister was a “sticking plaster approach when the economy is in danger of bleeding out” and called for a “change at the top”.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community