Ȧ analyses what the new coalition government could mean for the sector
Regime change UK
With a consideration of how well the current government, as its innings draws to a close, has delivered on its promises for the construction industry taking centre stage in this week’s issue (pages 20-25), it seems fitting to revisit the birth of the coalition. On 14 May 2010, having witnessed David Cameron and Nick Clegg announce their joined forces in the Downing Street rose garden, Ȧ predicted what this amalgamated government could mean on eight key construction policy areas - rating each one’s prospects with a score of one to five (depicted with nooses). Fearing the worst for private sector development - which scored four nooses - its analysis read: “The third runway at Heathrow was axed within hours of the new regime seizing power. Nor is Crossrail safe. Vince Cable has said the project is ‘not a key priority’, and the Tories could scale back, extend or freeze it. Hugh Blackwood, chief executive of Scott Wilson, says: ‘The Tories may say that now they’ve seen the books they’re changing their view.’ The first phase completes in the middle of next year, which might be a convenient point to pause the project. High-speed rail is backed by both parties and so has a good chance of being approved.”
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Regime Change UK
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