Civils contractors today said that the overwhelming priority of new Prime Minister Rishi Sunak must be to restore stability to British politics and called on him to embrace infrastructure for growth policies.
Commenting, Director of Operations for the Civil Engineering Contractors Association (CECA) Marie-Claude Hemming said: “The past six weeks have seen unprecedented upheaval in British politics. We call on Mr Sunak’s administration to do everything it can to restore stability, so that CECA members can operate in an environment of certainty and deliver growth through infrastructure delivery.
“The UK is facing extremely challenging economic headwinds. We look forward to working with the UK Government and our members to ensure, above all else, that the UK’s infrastructure sector is primed to drive the economic growth UK plc needs.
“We hope the new Prime Minister will not repeat the mistakes made in the aftermath of the Global Financial Crisis, when capital spending was cut too far and too fast, and economically viable projects were cancelled for short-termist reasons – often to the detriment of the taxpayer, as they had to be re-procured at greater cost at a later date.
“CECA members thrive in an environment that provides clarity, continuity, and consistency for businesses. Mr Sunak’s predecessor rightly identified priority projects that need to be accelerated to deliver growth.
“We look forward to working with the new administration to help get spades on the ground on these projects, and to support a pro-growth agenda through infrastructure delivery, even in the context of the difficult decisions the UK Government is expected to make in the coming weeks.”
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PRESS RELEASE – CECA – Contractors Seek Stability From New PM – Immed. 24 October 2022