Construction industry bounces back But the industry will need 216,800 new workers by 2025 to meet demand.
Construction has bounced back quicker than expected from the Covid-19 pandemic and the industry will reach 2019 levels of output in 2022.
By 2025, the industry will need to recruit an additional 217,000 new workers just to meet demand. That’s the forecast of the Construction Skills Network 2021-25, published by CITB today (Wednesday 9 June).
According to the CSN, most English regions will experience an increase in construction workers by 2025, with East Midlands (1.7%) and West Midlands (1.4%) forecast to lead demand. Scotland (1.4%) and Wales (0.7%) are also predicted to fare well. The only region forecast to see a slight decline in workforce is the North East (-0.1%).
CITB s National Construction College in King s Norton, Birmingham
The Construction Industry Training Board (CITB) has confirmed it plans to keep levy rates unchanged for its next three-year period from 2022-2025, following consultation with the industry.
Between 1 March and 11 April, the CITB consulted with the industry and other stakeholders over its levy plans for the next three years. It has proposed keeping the levy rates unchanged at 0.35 per cent of company PAYE payroll and 1.25 per cent of payments to CIS qualifying subcontractors. Following a board meeting on 21 May, the CITB has now confirmed it will stick with this plan and put it forward for the consensus vote that will take place this summer.
3 March, 2021 SHARE Organisations from the industry comment on the Chancellor of the Exchequer s Budget Statement 2021 to the House of Commons.
Builders Merchants Federation
John Newcomb, CEO of the Builders Merchants Federation, said: “The Chancellor largely struck the right notes in announcing continued support for business as we move through the final stages of the coronavirus roadmap and plan for recovery.
“We were particularly pleased that the Chancellor sought to support smaller businesses by recognising the need for continued furlough support and business rates discounts, which will help our SME members as they return to pre-covid levels of operation. Similar extensions to self-employment grants will help small builders and other trades who form the main merchant customer base and ensure they are still in business to service the needs of homeowners helped by the new government-backed mortgage gu