Contractors World


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Contractors World UK & Ireland
2012 Vol 2 No 2
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Construction News - Economics - Business - Regulations

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>>> Budget - an opportunity to stimulate growth

The Association suggests that by purchasing bonds through its asset purchase scheme in a company that provides homes, government could increase housing provision so that the gap between housing supply and housing need does not increase further.

This would also ensure that the quantitative easing is used in a manner that fully benefits the UK economy and that the Bank of England has another method for withdrawing the finance associated with quantitative easing in a swift manner without distorting one particular market.

Other key proposals for the budget include;

  • Doing more to ensure the Green Deal succeeds. The Association has long held the view that a reduction in VAT to 5 per cent for Green Deal work (and also equivalent energy efficiency work done outside the Green Deal) is necessary to incentivise consumers to take out these measures and to make the Golden Rule more achievable. As it currently stands energy usage is charged at 5 per cent VAT whilst the products and solutions that will help reduce energy usage are charged at 20 per cent VAT.
  • The need to maintain the resources available for UKTI to promote exports. Over the last few years Germany has doubled its support for companies to exhibit at overseas shows at a time when the UKTI budget for this has been halved. The government needs to explore more innovative ways of encouraging companies to look at markets outside the UK by, for example, some form of accelerated tax relief for certain kinds of expenditure on export activities.
  • Delivering the support package for Energy Intensive Industries announced in the Autumn Statement and providing support for capital investment to help industry offset rising energy costs and retain international competitiveness through utilising an enhanced capital allowance. The capital allowance would be at no cost to government in the long run and be essential for those firms that will not benefit from the previously announced support package.
  • Removing the Carbon Reduction Commitment from manufacturing sectors for which it was not primarily intended as this has become a bureaucratic nightmare, which creates anomalies that affect the competitiveness between companies within the same sector

Click here for more information:
>>> Construction Products Association

Launch of the New MPQC Contractor Safety Passport schemeLaunch of the New MPQC Contractor Safety Passport scheme

MPQC (Mineral Products Qualification Council), the recognized training provider for the extractives, mineral processing and related manufacturing industries, has launched the MPQC Contractor Safety Passport Scheme. The scheme differs in a number of key areas compared with the previous quarrying schemes.

With contractor safety being an industry priority, the MPQC Contractor Safety Passport provides vital basic knowledge and awareness of generic and particularly industry-specific hazards, and therefore provides a fundamental foundation of safety for contractors entering industry sites.

The training materials have been developed jointly with employers and industry associations to ensure the scheme fully meets industry expectations. All trainers have industry experience, are occupationally competent and will be subject to a thorough ongoing quality-assurance scheme. Trainees will receive a formal assessment of knowledge at the end of each day.

The MPQC scheme is endorsed by the Mineral Products Association (MPA) and highly recommended within its ‘Safer by Competence’ initiative. The scheme is also supported by: British Aggregates Association (BAA); Institute of Quarrying; Coalpro; Institute of Asphalt Technology; MPA Scotland; MPA British Precast Concrete Federation; and the TUC.

Click here for more information:>>> Mineral Products Qualification Council

 

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Page updated: February 2012

 

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