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New PM must intervene as construction output falls flat, warns FMB

Construction leaders are calling on the new Prime Minister to stimulate construction and house building for the benefit of the wider economy as the latest statistics show that the sector is flat-lining, says the Federation of Master Builders (FMB). 

Commenting on the latest construction output statistics from the Office for National Statistics, which show that construction output growth in Great Britain was flat (0.0%) in the three-month to May 2019, Sarah McMonagle, director of communications at the FMB, said: “Alarm bells will be ringing in the ears of the two candidates vying to be Prime Minister, with these latest stats showing that the construction sector is at a standstill. Whoever wins the race for PM, I want to see that person take decisive action in their first days in office by intervening to stimulate our waning sector, which is so vital to the health of the wider economy. Indeed, without it, our country’s house building aspirations will be impossible to deliver.”

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