Headlines everywhere this week are dominated by the Budget. So, how did Welsh construction fair? The reactions are mixed. SMEs might welcome the changes in corporation tax, but is there a clear vision for Wales or is the Chancellor playing politics? For example, is the announcement of an extra £380m for Welsh Government new money or an example of rehashing an old announcement?
Mr Osborne also said ministers would open discussions on a proposed £500m Swansea Bay City Region investment deal involving ultra-fast broadband and technology companies. In theory that could benefit local communities, businesses and provide work for the Welsh contractors and suppliers enabling this specialist work to happen – but when will the deal go through? The Chancellor added that a North Wales "growth deal" would be explored to ensure the region was "better connected to our Northern Powerhouse" project in England.
On Tuesday, a £1.2bn Cardiff Capital Region deal was signed to pay for transport improvements and other major schemes. This is a more tangible project and as the Welsh Secretary Stephen Crabb said the "shows the scale of ambition this government has for Wales". But Welsh construction will breathe easier when these big infrastructure schemes move from the drawing board and conference table to site.
Political reactions were mixed. Jane Hutt, the Welsh Government's finance minister, said the extra funding for Wales "does not reverse six years of austerity".
What will move us forward now is action – on site. Welsh construction stakeholders still need to lobby, influence and cajole the decision makers and advisors about the best projects, the best way to deliver those projects and the best way to fund them and then get on with day job of delivering them.
That means continuing the campaign to promote best practice, collaborative procurement and focussing on long term value – not short term political gains.