Construction projects are notoriously hard to plan and execute. There are so many issues to take into account and a whole series of problems can arise.
Government initiative could boost sector
Recent figures from the Office for National Statistics suggested that during the second quarter of this year, GDP slipped back more than was originally thought and the construction sector was likely to decline or experience particular trouble.
However, the government has announced a new scheme designed to restore confidence and growth in the industry. The chancellor and the chief secretary to the Treasury unveiled a new UK Guarantees initiative that they said would accelerate major investment.
Applications opened
Applications have already opened and up to £40 million worth of projects that are ready or nearly ready could qualify. Subject to legislation, the first guarantees are expected to be awarded in the autumn.
In order to qualify, projects must be ready to start within 12 months after guarantees are given.
A boost
Commenting on the scheme, a government minister said: “The measures we’re announcing today will help work get started on many important infrastructure projects and help our major exporters, providing lasting benefits for thousands of people and a significant boost to the economy.
“This is yet another example of the coalition working together to put its hard-earned economic credibility to work to increase growth.”
How we can help
Whether or not your organisation will make use of these guarantees, you might be interested in the products and services we have to offer here at Sapphire.
Here at Sapphire we’re experts in the field and should have the ideal solutions for you. We only use the best materials and our product ranges are manufactured in-house by our highly trained team. Our size means we have the power to buy in bulk from international markets and can learn from the global experience of these partners.
An important part of the process
Of course, metal balustrades and so on are only one element of your construction projects. However, it is only by paying attention to every single detail that you’ll be able to achieve the results you’re after.
So, if you want to find out more about how we operate and see whether or not we have the ideal solutions for you, just take a look around our website or get in touch with our friendly and professional team. Together, we can help make your project that bit easier.
