Financial Times FT.com

UK housebuilders

Construction industry boosted by stimulus funds

By Ed Hammond

Published: September 10 2009 22:19 | Last updated: September 10 2009 22:19

Public spending showed signs of making a much-needed impact on the beleaguered construction industry on Thursday as government stimulus money helped drive up new orders in the sector.

More than £3bn of new work was commissioned in July, an increase of 39 per cent on the previous month, as investment on public sector projects – from road maintenance to hospitals and new housing – rose to its highest level since the recession began.

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