25 October 2017

Update

Crunch time for infrastructure

Business and the public are concerned about the pace of delivery, according to the 2017 CBI/AECOM Infrastructure Survey.

Crunch time for infrastructure

Now in its seventh year, the CBI/AECOM Infrastructure Survey provides an overview of business sentiment, across a range of sectors, towards overall UK infrastructure.

The message is clear. While the past year has seen welcome progress on delivering high-quality infrastructure, from the Clean Growth Strategy and the £500 billion infrastructure pipeline to its decision to build a new runway at Heathrow, more action is needed to improve the UK’s infrastructure, with 96% of businesses seeing it as important to the government’s agenda. 

While businesses agree further action is needed, only one in five firms (20%) are satisfied with pace of delivery and almost three quarters (74%) in doubt that infrastructure will improve in this Parliament.

Read the CBI/ AECOM Infrastructure Survey 2017 here

This sentiment is shared amongst the public. For the first time, this year’s survey included public views on infrastructure, which showed only 26% of the public believe delivery is satisfactory and 76% doubt any improvement will occur in this Parliament.

Maintaining infrastructure’s priority status will, therefore, be crucial to turn recent momentum into delivery.

Against the backdrop of political uncertainty, the UK government must continue to deliver quality infrastructure as a key pillar of a modern and effective Industrial Strategy. Delivering infrastructure commitments today will unlock prosperity in the future, boosting the UK’s competitiveness globally whilst improving productivity and living standards at home.

Businesses stand ready to work shoulder- to-shoulder with the Government. This is no time for discussion and delays; it’s time for delivery.

For more information contact tania.kumar@cbi.org.uk