APM responds to the Government 2022 mini budget
Association for Project Management, the chartered membership organisation for the project profession, responds to the Government‘s ‘mini budget’ today.
Speaking after the Chancellor, Kwasi Kwarteng, announced tax changes for individuals and businesses, APM’s Head of Public Affairs, Andrew Baldwin, commented:
“The Chancellor’s update was primarily focused on tax cuts and helping households and businesses navigate the energy crisis. We acknowledge the importance of this, at a time when many people and businesses have been financially impacted.
“Organisations need stability to ensure projects are delivered on scope, on time and on budget, so the Government’s energy price cap is welcome; particularly because so many project costs will have been defined before the energy price hikes.
"However, given the project costs, and indeed scopes, are defined at the start, the decision to bring in a sunset clause on all EU-derived legislation, unless otherwise preserved, through the Retained EU Law (Revocation and Reform) Bill could cause much confusion, particularly for those companies delivering projects across the UK and the EU. Projects being considered now need to know the regulations they will be expected to deliver against in the future.
“APM research has shown the crucial role that projects and project professionals play in both economic and societal growth. We therefore urge the Government to further commit to ongoing investment in the projects that are needed to boost economic growth and deliver net zero, including nuclear, solar and wind power generation.
“The list of transport and infrastructure projects due to be streamlined and ‘prioritised for acceleration’ shows some commitment to that, although the precise details of what streamlining entails needs to be set out, and we are keen to work with the Government to enhance its new Planning and Infrastructure Bill.”
This article originally appeared as ‘APM responds to the Government's 'mini budget'' on the APM news and blog site dated September 23 2022.
--Association for Project Management
[edit] Related articles on Designing Buildings
Featured articles and news
HSE simplified advice for installers of stone worktops
After company fined for repeatedly failing to protect workers.
Co-located with 10th year of UK Construction Week.
How orchards can influence planning and development.
Time for knapping, no time for napping
Decorative split stone square patterns in facades.
A practical guide to the use of flint in design and architecture.
Designing for neurodiversity: driving change for the better
Accessible inclusive design translated into reality.
RIBA detailed response to Grenfell Inquiry Phase 2 report
Briefing notes following its initial 4 September response.
Approved Document B: Fire Safety from March
Current and future changes with historical documentation.
A New Year, a new look for BSRIA
As phase 1 of the BSRIA Living Laboratory is completed.
A must-attend event for the architecture industry.
Caroline Gumble to step down as CIOB CEO in 2025
After transformative tenure take on a leadership role within the engineering sector.
RIDDOR and the provisional statistics for 2023 / 2024
Work related deaths; over 50 percent from construction and 50 percent recorded as fall from height.
Solar PV company fined for health and safety failure
Work at height not properly planned and failure to take suitable steps to prevent a fall.
The term value when assessing the viability of developments
Consultation on the compulsory purchase process, compensation reforms and potential removal of hope value.
Trees are part of the history of how places have developed.