CPA Submits Representation for Spring Budget 2023

The Construction Products Association (CPA) has submitted its representation for the Spring Budget 2023. In our letter to the Chancellor of the Exchequer, we offered some possible measures with both construction and manufacturing in mind. Our ‘asks’ ahead of the Budget are listed below and continue in further detail in our letter.

1. Housing - New Build, Repair, Maintenance and Improvement:

  • Support for Struggling First Time Buyers
  • Support for a National Retrofit Strategy
  • Linking Stamp Duty to Energy Efficiency
  • Funding for Local Planning Departments

2. Infrastructure

  • Embed an appreciation for the whole-life value of products
  • Focus on repair and maintenance in the short-term
  • Reaffirm the National Infrastructure and Construction Pipeline

3. Investment and UK Competitiveness

  • Reform Business Rates and Investment Allowances
  • A secure, low-carbon energy supply at a competitive price
  • Secure technical skills for future green, digital jobs

We also urged the Government to engage with the CPA and the expertise within its membership on the delivery of its policy ambitions.

Other February Posts

Mixed Performance for Construction Product Manufacturing Heading into 2023

The Construction Products Association’s latest State of Trade Survey for 2022 Q4 revealed a quarter of mixed fortunes for the construction product manufacturing industry. Performance was split between a decline in sales for heavy-side producers and continued growth for manufacturers on the light side. Furthermore, manufacturers expect these dynamics to persist in 2023, with new build starts affected by economic uncertainty but refurbishment and activity for energy-efficient retrofit continuing apace.

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