Construction fall signals need for government investment, says TUC

4 July 2016

Commenting on new figures on the UK building sector published today (Monday) by Markit, which show the biggest decline in construction activity in seven years, TUC General Secretary Frances O’Grady said:

“The Brexit vote is likely to further damage the confidence of investors in the construction sector. The government must respond quickly with an emergency programme of public investment to stop the UK economy taking a nose-dive.

“The TUC has published a plan of action to keep the economy moving. The government must give the go-ahead for a third runway at Heathrow, bring forward major new infrastructure projects like high-speed rail and announce a big expansion in housebuilding.”

NOTES TO EDITORS:

- TUC report on urgent economic actions needed: The full TUC report ‘Working people must not pay the price for the vote to leave the EU: an action plan to protect the economy, jobs and workers’ rights’ can be found at: www.tuc.org.uk/sites/default/files/WorkingPeopleMustNotPaythePrice.pdf

- All TUC press releases can be found at www.tuc.org.uk

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