The report sets out the steps government should take to facilitate more private investment and finance to deliver on its ambitious infrastructure commitments.
The sudden onset of the Covid-19 crisis placed a significant and immediate burden on the UK’s economy and public finances. As a key enabler of growth, infrastructure will play an important role in the UK’s economic recovery in the aftermath of Covid-19. Focusing on infrastructure delivery will help stimulate the renewal of the UK’s economy, and transition it to a fairer, more sustainable economy.
Businesses welcome the government’s commitment to infrastructure delivery in the UK, however they also recognise that the scale of the finance required highlights the critical role that private sector investment will have to play if this gap is to be filled, and if the UK government is to successfully implement its ambitious infrastructure agenda.
While current investor appetite for infrastructure is high, factors such as cumulative prudential regulation, and a lack of clarity on the pipeline of upcoming projects requiring private investment may have a negative effect on investors’ ability to
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