The UK government has put its money where its mouth is with the 2020 Budget – now it must show it is investing in infrastructure for the long haul.
If there was ever a sign that infrastructure has a key role to play in delivering on the government’s levelling up agenda, this 2020 Budget was it.
The Chancellor not only pledged £600bn to infrastructure, making public net investment the highest it has been since 1955, but he also made a point of committing investment for regional transport projects, delivering on the promises made to the ‘red wall’ of voters who voted Conservative in the last election.
What matters now is making sure this ground-breaking commitment translates into real infrastructure being built quickly – and the CBI will be working closely with members over the coming months to ensure that this significant capital expenditure is deployed effectively.
Connecting the country
In our submission to the Budget, the CBI called for investment in transport connectivity right across the country, including roads, rail and urban transport. To meet this ambition, the Chancellor announced a range of new policies
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