Proceeding contribution from Richard Younger-Ross (Liberal Democrat) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.
Government Capital Expenditure
The Minister is exactly right in his point that the circumstance is unique and that the recession is being felt not just in the UK but in Europe and America. In the downturns of the 1980s and 1990s, the construction industry was able to take some work abroad; people moved abroad—for example, lift manufacturers took projects abroad—but at present, they are unable to do so. Does that not mean that there is greater need for investment in construction projects and the construction industry to mitigate this special and—for the construction industry—very deep downturn?
Secondary information
- Type
- Proceeding contribution
- Reference
- 487 c607
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 09:30:44 +0100
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