The problems with the UK economy have given great concern for the future of construction industry jobs and how to boost this particular sector. When the new coalition government was formed, one of their primary areas of focus was to cut waste in public spending in a bid to reduce the budget deficit.

Some believe that there is huge waste in the construction industry due to outdated methods of procuring and disbursing projects in this country. Rudi Klein, chief executive of the Specialist Engineering Contractors? Group (SEC) said: ?The waste that we see has been endemic in construction projects for decades.?

The Government is taking steps to look in to the problem, which must be holding back British companies in bidding for and providing cost effective projects, and as a result hindering the growth of construction industry jobs. The Government has launched a review to find out why civil engineering projects cost so much in this country.

Mr Klein emphasised the waste he believes there is in the industry by saying: ?We probably waste ?1 for every ?1 we spend.? The delay in payment for subcontractors by contractors is another area the Government wants to change, with a view to ensuring fairness on public construction projects.

The SEC believes project banks should be used more widely on public sector projects, where payments are paid to a trust account and paid out to contractors and sub contractors on pre agreed dates. Anything to make British companies more competitive will surely be a benefit to construction industry jobs.