Following Chancellor Jeremy Hunt’s Autumn Statement earlier today, Kevin Minton, Chief Executive of the Construction Plant-hire Association (CPA) said: “In what will be challenging economic times, it is welcome that the government has committed to Hinkley Point C, HS2, the East West rail link and Northern Powerhouse Rail.
“This echoes our call for the Autumn Statement to provide stability and confidence for the construction sector, utilising construction as a driver of economic growth. It follows the move to make the Annual Investment Allowance set permanently at £1m. The construction plant-hire industry has a critical role to play in these projects. Moving into 2023, the CPA will be working closely with our members to realise these ambitions.”
The Construction Plant-hire Association (CPA) is the largest trade association for the plant-hire sector in the UK. The CPA has over 1,700 members, who supply 85% of hired plant to the construction industry. The organisation is the UK’s principal point of contact for all issues relating to the use of construction plant.
The CPA works with government departments and agencies, local authorities, construction clients, private companies, other trade associations, and third sector organisations, on issues including employee health and safety, machinery standards and emissions control, public safety and road transport, skills and employment. The CPA publishes a wide range of guidance documents which are distributed widely throughout the construction industry and many are available for immediate free download from the CPA website at www.cpa.uk.net. The CPA supports a number of Special Interest Groups, which tackle issues within specialist sectors.