Construction trade association announces manifesto release
The National Federation of Builders (NFB) 2024 Election Manifesto: Supporting Construction to Power Growth
The National Federation of Builders (NFB) has unveiled its 2024 Election Manifesto, titled 'Supporting Construction to Power Growth'. The manifesto aims to facilitate discussions for growth in the construction industry without imposing additional tax burdens on tax-payers.
According to Richard Beresford, Chief Executive of the NFB, the construction industry plays a crucial role in meeting the UK's challenges, and the incoming government must understand the barriers to the industry's growth. Rico Wojtulewicz, NFB's Head of Policy and Market Insight, further emphasised that UK construction is vital for placemaking, fixing the housing crisis, building infrastructure, meeting climate obligations, and enabling British business. However, something seems amiss given the high insolvency rates.
The manifesto is structured into five chapters, covering seven topics. The Housing and Planning chapter aims to enable small and medium-sized housebuilders, improve planning, create fairer housing outcomes, promote placemaking, and increase affordable housing. The Procurement and Payment chapter emphasises the need for a fairer system to address late payment, retentions, and other issues in the construction industry.
The Decarbonisation chapter focuses on UK building stock, tax incentives, retrofit, energy, and decarbonisation of businesses. The Environment chapter addresses the inadequacy of current policies on water and biodiversity, and offers recommendations for immediate environmental betterment and tackling major environmental challenges. The Skills and Training chapter highlights the need for an ecosystem where construction thrives, and discusses the decline in the construction workforce and apprenticeship completions.
The manifesto is centred around growth discussions without tax-related obstacles. It prioritises promoting policies that support construction industry growth and infrastructure development, advocating for planning reforms to facilitate faster housing and building approvals, supporting investment in skills and training for the construction workforce, encouraging sustainable and modern construction methods, and emphasising the role of construction in economic growth and job creation.
Although the exact document "Supporting Construction to Power Growth" from the NFB 2024 Election Manifesto was not found in the search results, the key recommendations often focus on these areas. For the precise key recommendations from the manifesto, it is recommended to check the official NFB website or contact them directly.
- The National Federation of Builders (NFB) manifesto, titled 'Supporting Construction to Power Growth,' underscores the importance of housing and placemaking, advocating for policies that enable small and medium-sized housebuilders and promote placemaking.
- In the finance sphere, the manifesto stresses the need for a fairer procurement and payment system to resolve late payment, retentions, and other industry issues, aiming to stimulate growth in the construction industry.
- Furthermore, the decarbonisation chapter of the NFB 2024 Election Manifesto highlights the significance of construction in finance, business, and economic growth, as it addresses the decarbonisation of UK building stock, tax incentives, and energy issues.
