News

Building materials company Cemex UK is supporting National Bike Week this week, highlighting its investment in features vehicles and its driver training programme, aimed at cyclist safety.

The Chancellor of the Exchequer George Osborne has just announced that VAT rate will rise to 20% from January 4 next year.

The Chancellor of the Exchequer's announcement that VAT will rise to 20% in January will boost the informal economy and cowboy builders warns the Federation of Master Builders.

Announcing his Emergency Budget today, George Osborne, Chancellor of the Exchequer said: "The country has overspent, not been undertaxed" and that action to repair the hole in public finances would come "80% from spending cuts and 20% from raising taxes".

The Construction Products Association is concerned that the reduction in capital spending to just 1.25% of GDP will hold back the pace of the economic recovery.

Proposed spending cuts by the coalition Government could mean thousands of construction industry jobs are lost.

Since the Government announced the abolition of the controversial Home Information packs, the number of homes for sale has increased.

The organizers of the kbb kitchen and bathroom exhibition have announced that kbb London is to take place from May 15 to 17 2011 at the Excel exhibition complex in London's Docklands.

The Ethical Trading Initiative is acting to prevent non members in the stone sector from falsely claiming membership.

An increase in the rate of VAT will be a charter for cowboy builders, the Federation of Master Builders has warned.