The Chancellor of the Exchequer, John Healey, needs to provide confidence, and not simply, hope with his ambitions for the housing. That’s according to Civils & Lintels’ managing director Allan Wright, who hopes Healey’s first Budget next week will give the industry definitive timelines and tangible action to boost confidence. …
Read More »Industry reacts to Autumn Budget
Chancellor Rachel Reeves delivered the 2025 Autumn Statement today (November 26), and voices from across the construction industry have been weighing in with their initial impressions of her plans. Bradfords Building Supplies CEO, David Young, says: “Today’s Budget offers some positive signals for construction, particularly around housing ambition, skills and …
Read More »BMF shares ideas for growth with Chancellor
In the lead-up to the Autumn Budget, the Builders Merchants Federation has written to the Chancellor of the Exchequer, Rachel Reeves MP, asking her and fellow Ministers to consider five policy topics with ideas for economic growth. The BMF had previously welcomed the Labour Government’s ambitions to build 1.5 …
Read More »NMBS chief highlights inheritance tax implications for merchants
Family-owned farming businesses are not the only ones to be negatively impacted by the Government’s proposals to change inheritance tax, the merchant industry should be right alongside them. Tha’s according to Chris Hayward, CEO of independent merchant buying group NMBS, who says: “Many people are realising that the new proposals …
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