The owner of a leading Midlands quantity surveyors said today’s Budget had failed to meet the concerns of many in the construction sector.

Tim Lloyd, owner of CQS Solutions which has bases in Birmingham, Shropshire and Mid Wales, said the sector was increasingly frustrated at the Government’s failure to fund the construction projects it had already promised.

“The Government was elected on the back of promises to build 1.5million new homes and fund major new infrastructure projects.

“But we have yet to see many signs of those promises being delivered or of very many new public sector tenders coming through.

“This Budget could have been an opportunity to change that, but I fear that opportunity has been missed.

“I wanted to see real action to make it more affordable to employ new people, to develop the skills and training we urgently need and to create the economic conditions which would drive growth.

“I certainly didn’t hear enough to make me think things will change dramatically in the next 12 months and that was disappointing.

“The mansion tax is likely to subdue activity in the housing market and the range of new wealth taxes will undoubtedly act as a disincentive to success.

“The endless speculation about what taxes she would – or would not – increase, the U-turns and the Government infighting have all led to the economic paralysis we have seen in recent months.

“Much the same thing happened ahead of the Chancellor’s first Budget last year and I would hope that important lessons have now been learned and we get no repeat in 2026.”

CQS Solutions has built an impressive reputation for providing honest, professional and accurate cost and project management to local authorities, contractors and sub-contractors across Shropshire, Wales and the West Midlands.

It has helped to complete hundreds of projects with improved margins, certainty and productivity.

To find out more about CQS Solutions visit https://cqssolutions.co.uk/