ACR-News
Know what you want? Try our 'Supplier Directory' 

SEC welcomes budget proposals

The Specialist Engineering Contractors' Group (SEC) has welcomed the increased capital expenditure measures contained in last week's Budget.
'This Budget must be seen against the background of the 2004 spending review, in which significant increases in capital expenditure were announced, covering the housing, health and education sectors and the strategic road network,' commented SEC Group chief executive Professor Rudi Klein.

'Total capital expenditure in these sectors will rise from just over £21bn in 2002/03 to almost £35bn in 2007/08.

'The Chancellor has now announced a 15-year major refurbishment programme embracing half of the country's primary schools and an additional £350m capital investment in further education colleges. This is good news for the construction industry and the specialist engineering sector.'

Other aspects of the Budget, that found favour with SEC Group, included drives to cut the regulatory and tax administration burdens on business, fiscal incentives aimed at reducing greenhouse gas emissions and reduced rates of VAT on the installation of low carbon technologies.

The Chancellor also announced that the Office of Government Commerce and the Small Business Service will be asked to enquire into the costs incurred by small and medium-sized enterprises in pre-qualifying for public sector contracts.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Munters DSS Pro offers the next level of dehumidification

?Munters DSS Pro represents an evolutionary leap forward from the market-leading Munters DSS system, with performance upgrades that make a real difference. It will provide users the right climate more efficiently than ever before....

  29-Jul-2021

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
  26-Jul-2021
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

6th IIR Conference on Thermophysical Properties and Transfer Processes of Refrigerants
12th International Conference on Compressors and their Systems
GWP>150 ban in sealed systems