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Construction Industry

Volume 496: debated on Thursday 16 July 2009

21. To ask the Minister of State, Department for Business, Innovation and Skills what steps he is taking to assist the construction industry during the recession. (287072)

Government are offering the real help that construction companies and workers need now.

We are ensuring that companies struggling to obtain finance are supported through a package of support including the Enterprise Finance Guarantee and the Working Capital scheme.

We are helping the industry ensure it has the right skills, for example by agreeing a Train to Gain compact which will make available £133 million over three years to meet the identified priority skills needs of the industry.

And we are boosting demand by bringing forward £3 billion expenditure from 2010-11 to 2008-9 and 2009-10.