Eversheds says construction industry needs ‘rock-solid commitment’ on infrastructure
Michael Conroy Harris, construction expert at Eversheds, has commented on the construction industry’s hopes for the 2014 Budget.
Conroy Harris said that the chancellor would have a ‘fresh vantage point’ due to looking at growth, rather than ‘down the barrel of a triple-dip recession’, and that ’there will no doubt be a weather eye on the general election next year’.
He added that growth in housebuilding is likely to be driven by the extension of the Help to Buy scheme and that it looks as though there will be a measure of funding for infrastructure.
Conroy Harris said: ‘Although we’re looking at growth, we can’t overlook austerity, and the industry will be hoping for some rock-solid commitment on infrastructure rather than a repackaging of what has been trailed so extensively already and not yet notably come into view.’
News from Eversheds
News from The Lawyer
Briefings from Eversheds
The Groceries Code Adjudicator was set up to ensure that large retailers with a turnover of more than £1bn comply with the Groceries Supply Code of Practice.
Germany: Federal Cartel Office bans food retail giant EDEKA from squeezing suppliers, EDEKA goes to court
Attempts by German supermarket EDEKA to force suppliers to grant it ‘wedding rebates’ following its acquisition of Plus in 2009 were abusive and unlawful.
Analysis from The Lawyer
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe