Department for Business and Trade written question – answered at on 6 December 2024.
Alison Griffiths
Conservative, Bognor Regis and Littlehampton
To ask the Secretary of State for Business and Trade, what assessment he has made of Autumn Budget 2024 on the construction sector.
Sarah Jones
Minister of State (Department for Energy Security and Net Zero), Minister of State (Department for Business and Trade)
The Government is committed to supporting growth and investment in the construction sector. At the Budget, plans were announced to boost capital investment by over £100 billion over the next five years, including in transport and housing, to help unlock long-term growth.
We are providing over £5 billion of investment in housing next year, increasing the affordable homes programme to £3.1 billion and providing £3 billion of guarantees to boost the supply of homes and support small house builders. Alongside our planning reforms and our new Industrial Strategy, we are providing the stability needed to enable a thriving construction sector.
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