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Press Release

NFB response to the British Chambers of Commerce's economic survey

11 January 2012

Following the publication of the British Chambers of Commerce's Quarterly Economic Survey today (10 January 2012), Julia Evans, Chief Executive of the National Federation of Builders (NFB) commented:

"It is good to see that the UK economy may avoid going into recession in 2012, but the BCC survey is still worrying. Our members are eagerly anticipating the realisation of commitments made in the Chancellor's Autumn Statement. Crucial among these are measures to improve the flow of credit to businesses, clarifications about the planning system, and investment in infrastructure projects as also recognised by the BCC. SMEs come last when it comes to lending from the banks, and construction SMEs are at the back of the queue.

"We need more action from government to ensure buy-in from the banks in favour of lending to SMEs. It is imperative that we remain confident in the construction industry and invest in it, given the successful role it has traditionally played in economic growth in the UK. There is no room for complacency and the government must do all it can to boost growth and boost businesses."



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National Federation of Builders

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