Watch a brief round-up of some of the action from Day 1 of the CN Summit 2016, including Andrew Neil and transport minister John Hayes.
Andrew Neil kicked off the Summit with the opening remarks, highlighting what the industry should look out for during the AutumnStatement in November, emphasising investment in housing and transport infrastructure.
Transport minister John Hayes brings up the hot topic of Brexit first, mentioning that it won’t make the UK more inward-looking, and that this presents an opportunity for investment beyond the EU.
Welcoming transport minister John Hayes on stage to discuss the view from Westminster, Mr Neil questions the minister on R&D spending for construction in the UK, comparing it unfavourably with similar government investment in France and Japan. “If you thought [the construction industry] was the future, you’d give them a bit more, wouldn’t you?” Mr Neil asks.
Former Lloyds chief economist and University of Derby professor Trevor Williams presented on the economiclandscape of the UK, of particular interest to the industry following June’s vote to leave the EU.
Mr Williams describes housing as an “impediment” to boosting UK productivity. “Housing costs are so high in places where people want to live in and move to,” he says.
Irvine Sellar took the stage to inspire the industry with his transition from retail to building western Europe’s tallest building, the Shard. Mr Sellar says “you generally succeed in spite of people”.
“Industry sceptics said we’d never get planning consent; and when we did, they said we’d never be able to finance it; and when we did, they said we’d never build it; and when we did, they said we’d never lease it; we’re 95 per cent leased.”
Watch a round-up video of the day’s highlights below: