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Commit to sector as construction ‘vital’ for growth, says CPA

construction growth
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The Treasury is being urged to support the construction industry as a “key driver of economic growth”.

Ahead of the spring Budget the Construction Plant-hire Association (CPA) has written to chancellor Jeremy Hunt asking him to address five key areas.

CPA said the sector had already faced the removal of the red diesel rebate, unprecedented fuel price rises, high levels of inflation, and wider economic uncertainty.

It said construction was a key driver for growth and it was “vital” the government remains committed to projects such as HS2 and Hinkley Point C.

For this same reason, it urged the government to act on Chris Skidmore’s net-zero review, which outlines how the UK could build on the green economy.

CPA wants the super deduction allowance (SDA), which is coming to an end in March, to be replaced with extended scope to include all of the plant-hire industry.

The association also wants to see the cut in fuel duty remain. It has also called for a rebate for hydrogenated vegetable oil (HVO) for the construction sector to help with energy price rises and encourage a move away from fossil fuels.

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