CBI: Housing can boost economy in months

Help

An increase in homebuilding would give an almost immediate boost to the economy, the director general of the CBI has said.

John Cridland called on Chancellor George Osborne to reallocate money to infrastructure projects in his budget next week.

The CBI said that a programme for building 50,000 new homes would create 75,000 jobs and boost confidence both in the housing market and the wider economy.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.