Loadsa Money – Spring Statement Throws Cash At Skills Shortage
The Spring Statement heralded lots of budget cuts but loads of money for construction – for housebuilding and to tackle the skills crisis by...
Read Full ArticleThe Chancellor’s decision to spend £39 billion to boost social housing projects will only see them delivered if small local housebuilders are involved says the FMB.
Brian Berry, the chief executive of the Federation of Master Builders, says: "The Chancellor’s commitment to social housing needs in her spending review needs an accompanying delivery strategy that puts SME builders at its heart.
“Small, local firms are uniquely positioned to unlock the potential of overlooked small sites, deliver high-quality homes, and boost local economies. By working in partnership with housing associations, SMEs can also help tackle the industry’s skills gap by training and employing people in their own communities."
Apprenticeships
Berry adds: "It is also pleasing to see £1.2bn investment in apprenticeships and training but we know from the Construction Industry Training Board that the UK will need more than a quarter of a million more workers entering the industry by 2028 if the government is serious about meeting its 1.5 million new homes target. £1.2bn doesn’t go far enough."
Picture: The Federation of Master Builders’ Brian Berry.
Article written by Cathryn Ellis
25th June 2025