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F CONSTRUCTlON
26th November 2009, Page 49
26th November 2009
Page 49
Page 49, 26th November 2009
— F CONSTRUCTlON
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Fragile boost in housing market
'I'HE CONSTRUCTION Products Association (CPA) has welcomed signs of recovery in the housing market, but says road transport operators serving the sector should be warned that the recovery might not be sustainable without further government support It says the UK government has put al:5bn stimulus into the industry, significantly less than the £90bn the US has put into its sector over three years, Germany's £17bn commitment or Australia's i9bn Nation Building Infrastructure programme.
Most of the UK's commitment is brought forward from future years. The CPA stresses that new finance and improved market confidence will be needed in order to return the construction industry to a safe position.
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I'HE CONSTRUCTION Products Association, UK government