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Construction minister pledges help for small firms

New construction minister Michael Fallon has put helping small firms at the heart of his plans for the industry.

Fallon told sector leaders at the British Construction Industry Awards last week that he would help small construction companies access finance and public sector contracts.

The Conservative MP for Sevenoaks was given responsibility for construction in prime minister David Cameron’s ministerial reshuffle last month.

“Construction is the key to growth. I would like to see the construction industry lead this country out of the downturn we are in,” he said.

“I pledge to do all I can to help. You have my commitment to do everything I can to help your industry drive forward the growth we need.”

Fallon said he would focus on building better relationships with the industry; improving procurement processes; and helping the supply chain.

“I want to get smaller companies much more involved in public tendering,” he said.

“I want to see small companies get easier access to finance.

“If I don’t hear soon about schemes such as quantitive easing and Funding for Lending being taken up, I am going to publish exact details bank by bank so we can all see exactly what is being lent.

“I also want to make it easier for small companies to access the range of schemes we have to help them.”

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