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Which political party is best for the construction industry?

The first Construction News Barometer reveals that 57 per cent think a Labour government would spend more on infrastructure than the coalition government, and 96 per cent believe the current government needs to do more to boost construction growth.

However, leaders’ views on which party is best for the industry are very close: 47 per cent say the Conservatives, ahead of 43 per cent for Labour.

One respondent said: “Without cash, a robust pipeline and a joined-up national policy on infrastructure, one [party] is no better than the other.”

The government’s emphasis on long-term infrastructure spending as part of this year’s spending review receives a thumbs-up from industry leaders, with 68 per cent saying the post-2015 plans for infrastructure spending will provide a “significant boost” for the industry.”

The Construction News Barometer was a survey sent to the chief executives, chairmen and senior directors of the top 100 contractors in the UK, ranked according to turnover.

The survey contained 16 questions and was open from 5 August until 27 August. It was completed by 61 industry leaders.

A Construction News Barometer report, containing the full data set, will be sent to those who took part. The survey will be repeated quarterly.

Click here for the full story on what the industry’s leaders are thinking.

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