§ 25. Mr. BarronTo ask the Chancellor of the Exchequer what plans he has to compensate the construction industry, following his decision to cut the annual allocation to the Housing Corporation.
§ Mr. PortilloThe construction industry's main requirements are for continuing low interest rates and increasing economic confidence. My right hon. and learned Friend's Budget offers decisive action to reduce public sector borrowing. My right hon. and learned Friend has also announced several important new potential projects under the private finance initiative which can provide a boost for construction employment.