‘We should build our way to economic recovery’, says Ed Balls on construction order figures

Responding to ONS figures today showing a sharp fall in construction orders, Labour leadership candidate Ed Balls said:

“These figures show why the new government is so short-sighted to cancel over 700 new school buildings and put thousands of jobs in the construction sector at risk.

“Now is the time to build our way to economic recovery by boosting jobs and growth, not cancelling contracts at the expense of tens of thousands of private sector jobs.

“That’s why I’ve called for the school building programme to be restored and this week set out a costed plan to invest 6billion in 100,000 extra affordable homes to tackle the housing shortage and create hundreds of thousands of jobs.

“Having more people in work and paying taxes is the best way to get the economy moving again and will be better for the public finances and the deficit in the longer term.”

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Posted September 3rd, 2010 by Ed's team

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