CBI warns localism could torpedo new growth plan

Aaron Morby 11 years ago
Share

Britain’s business leaders have warned the Government’s localism policy could torpedo the new growth agenda.

Neil Bentley, CBI deputy director general, said there was mounting concern that localism and a lack of clear detail about alternative financing would hamper private sector attempts to drive the recovery.

He said: “It is still not clear how the national planning debate fits with localism. There is clearly friction between the national growth agenda and local decision taking.”

“We are worried that the localism agenda is not aligned with the growth agenda and much more work is needed to resolve the issues.”

The CBI welcomed communities secretary Eric Pickles’ initiative to galvanise council’s into entrepreneurial thinking but echoed many house builders warnings that councils were failing to see the benefits offered by the New Homes Bonus.

Bentley said: “The number of planning consents coming through the system is plummeting.

“We think the New Homes Bonus to encourage housing has legs but we are worried that local authorities won’t grasp the nettle and use housing as a way to raise revenue.”

The CBI Construction Council also raised concerns about the Government’s new-found distrust of PFI and a lack of clear framework to deliver the Green Deal.

Bentley said: “PFI has become a bit of a dirty word in the debate about finding, but we have not heard enough about alternative investment models.”

“We need some clear signals in the Budget to encourage investment.”

He called on the treasury to work with the construction industry to encourage the inflow of private sector funds.

The CBI Construction Council also wants to see the Government lower the barriers and risks associated with infrastructure to encourage pension funds to invest.

Latest news

Public raise alarm over unsafe roof work high above Manchester

Court hears how HSE swooped to shut down site after tip off
3 hours ago

Forterra hikes brick prices by 10%+ with more rises to come

Demand continues to surge and costs increase for masonry products giant
10 hours ago

Go-ahead for £40m Manchester spec office scheme

Local firm PP O'Connor to demolish Speakers House for 17-storey office block
9 hours ago

Spanish giant lands deal to build £683m waste power plant

New plant will turn black bin bag waste into electricity
1 day ago

Henry wins six Ealing council housing projects

Henry Construction secures £40m West London council homes deal
10 hours ago

Landsec eyes £825m Glasgow Buchanan Galleries rebuild

Glasgow's mammoth shopping mall could be demolished for mixed-use city quarter
24 hours ago

Mace lands £300m London court and police complex

Main construction works to start on Fleet Street site this autumn
1 day ago

Graham bags £30m Birmingham build to rent job

Work set to start Crown Works residential scheme in the Colmore Business District
9 hours ago

Balfour Beatty names new investment arm chief

Leo Quinn promotes former major projects finance director Gavin Russell
1 day ago

M1 fraud probe exposes contract management problems

M1 J13-16 investigation finds £320,000 of central barrier scrap metal went missing
1 day ago

Beaumont Morgan Developments goes into administration

Begbies Traynor now in charge of £47m turnover Manchester contractor
1 day ago

Green light for major overhaul of Surrey pharma campus

Kier and Mace bidding for revamp project with three storey glulam building at its heart
1 day ago

Morgan Sindall hires Crossrail safety director

Carole Bardell-Wise joins infrastructure business as SHEQ Director.
1 day ago

Galliford Try bags £28m Dover inland border control facility

Major inland border facility to be built alongside the A2 outside of Dover
1 day ago

Plans go in for £280m Leeds Whitehall Riverside scheme

Major office and flats scheme to be built next to River Aire
1 day ago

Roofer dies in six metre plunge through asbestos sheets

Court hears no safety nets were fitted on site
2 days ago

Subbies stop working for Beaumont Morgan Developments

Manchester based contractor was delivering Fortis Quay for associate development company
2 days ago

Gove threatens ban on cladding suppliers failing to pay for retrofits

Cladding and insulation suppliers now in firing line for cash for £9bn post-Grenfell remediation bill
3 days ago

Bill for £22bn HS2 extension to Manchester goes to Parliament

52-mile extension of HS2 to Manchester via Manchester Airport will support 17,500 construction jobs
2 days ago

Galliard scoops up trio of sites for schemes worth £265m

Sites in Redbridge, Ipswich and Milton Keynes to be developed
2 days ago

Plans in for 350-flat Salford student scheme

Developer X1 hopes to start 15-storey building later this year
2 days ago

Green light for Birmingham Paradise landmark hotel

17-storey hotel will be the 'cornerstone' of Phase 2
5 days ago

Structural steel price jumps another £50 a tonne

British Steel blames New Year's price hike on continuing high product costs
5 days ago

Enabling works start at £400m Manchester First Street

Downing to start main construction in March of three resi buildings rising up to 45 storeys
5 days ago

Former BAM Nuttall chief to join Murphy

Adrian Savory to start new role as director of Major Projects division next month
5 days ago

Bouygues set for London Tustin Estate 700-home rebuild

Phased building programme to start towards the end of the year
5 days ago

Safety horror show on housing site leads to director ban

Court hears contractor ignored multiple prohibition and improvement notices
5 days ago

JV North calls up local firms for £250m new home works

Framework for home building projects worth up to £2m
5 days ago

Kier more than halves debts to below £200m

Kier chief reports steady progress in first six months of trading
6 days ago

Barhale boosts funds as it looks to rebuild turnover

Contractor confident as water companies ramp-up spending plans
6 days ago

Contractor services