Home News FMB tells Gov continued fall in housebuilding “is not acceptable”

FMB tells Gov continued fall in housebuilding “is not acceptable”

Latest data shows housebuilding fell for the eleventh continuous month and FMB says Government’s needs to up its “limited action” and provide “a clear plan” for the sector.

Responding to the latest S&P Global / CIPS UK Construction PMI data for October, which highlights a steep fall in housebuilding and shows figures fell for the eleventh consecutive month, the Federation of Master Builders (FMB) has called on Government for ‘urgent action’ to boost housebuilding rates across Britain.

Commenting on the figures, Brian Berry, Chief Executive of the FMB,said: “The UK construction industry is undergoing an immensely challenging period. Overall business activity is down for a second successive month, and today’s construction data report cites fragile client confidence as a key reason for weaker sales. The Government must do more to provide reassurance to our industry in terms of support for house building and improving the existing housing stock to make it greener and more energy efficient if we are to start to see signs of recovery.” 

Brian Berry continued: “We are now coming up to almost a year of continuous decline in housebuilding rates which is not acceptable. Worryingly, we have only seen limited action from the Government to stimulate growth in the sector. We need a clear plan from the Government on what the UK will be doing to provide certainty for local housebuilders so that they are able to provide the vast increase in high-quality housing that people in our country so desperately need.” 

www.fmb.org.uk

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