3 Dec

FMB in construction boost call

FMB in construction boost call

The Federation of Master Builders (FMB) has called for the government to help the construction industry to keep going during the recession, pointing to the needs of people like first-time buyers.

Noting the drop in new starts this year, FMB director of external affairs Brian Berry noted there are "many first-time buyers unable to get a mortgage let alone afford a first home".

He said the government should not use today's Queen's Speech to introduce new means of burdening the industry with bureaucracy and instead help it to meet government building aims, including those for new affordable and eco-friendly homes.

Mr Berry concluded that legislations should be seen as a "last resort" and the emphasis be placed instead on "simplifying the existing regulatory burden".

The programme of new legislation announced today included strengthening banking regulations.

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