The government’s ten-year infrastructure strategy

The government recently unveiled its ten-year infrastructure strategy, marking a significant step towards the future of infrastructure planning in the UK. For years, CBI members have consistently called for clearer, more consistent, and long-term policies to underpin infrastructure development. The strategy, with its integrated and forward-thinking approach, promises to provide the framework needed to deliver the infrastructure the UK economy demands for the next decade. Here's a breakdown of the key announcements and what they mean for business, and how the CBI is ensuring that our members' voices continue to be heard in shaping these vital policies.

What was announced?

£725bn investment into infrastructure

One of the central components of the strategy is a substantial commitment to public investment. The Government has pledged at least £725bn over the next ten years to fund a wide range of infrastructure projects, spanning economic sectors such as transport, energy, water, and digital networks, as well as essential social infrastructure, including schools, hospitals, courts, and housing. This investment marks a significant shift towards long-term planning in the infrastructure sector. The funding will be managed with a five-year capital budget, which will be reviewed every two years thereafter, ensuring that investment is regularly assessed and adapted to meet evolving needs.

A new approach to infrastructure pipeline transparency

A major win for CBI members is the creation of a dynamic and interactive infrastructure pipeline portal, which is set to launch in July 2025. This initiative stems directly from the CBI's recommendations in our response to the Government's infrastructure strategy working paper. The portal will offer greater transparency, making it easier for investors to track potential opportunities and for supply chain firms to plan their operations around upcoming infrastructure projects. CBI members have been heavily involved in the development of this portal, and we will continue to consult with you as it takes shape, ensuring it meets the needs of the business community.

Public-private partnerships (PPPs) to drive investment

In recognition of the importance of private sector involvement, the strategy outlines plans to de-risk infrastructure investments and encourage the use of Public-Private Partnerships (PPPs). These targeted partnerships will help to attract private finance, allowing businesses to play a pivotal role in delivering infrastructure across the country. The CBI has been engaging with Treasury officials to shape the most effective use of PPPs and explore different finance models to ensure infrastructure projects are delivered in the most efficient and sustainable way.

National spatial planning and regional development

Another key element of the strategy is the creation of a new national spatial plan, alongside regional spatial development strategies. These plans will aim to ensure that infrastructure delivery is coordinated with housing and employment needs, taking into account travel patterns and local economic priorities. This aligns directly with the CBI's recommendations in our Planning for Growth report, which advocated for a more cohesive and joined-up approach to infrastructure development. Mayoral Strategic Authorities are expected to take the lead in driving these spatial plans, ensuring that infrastructure and housing development support the wider economic agenda.

The creation of NISTA

To oversee the delivery of the strategy, the government has established the National Infrastructure and Service Transformation Authority (NISTA), a new body within the Treasury that will bring together the National Infrastructure Commission (NIC) and the Infrastructure Projects Authority (IPA). NISTA will play a key role in driving the implementation of the strategy. The CBI has been in regular discussions with NISTA officials, feeding in the views and priorities of our members, to ensure that the strategy remains aligned with the needs of the business community.

What's next for business, and what will the CBI do?

While the strategy marks an important step forward, the journey is far from over. There is still much work to be done to ensure that infrastructure delivery is timely, efficient, and responsive to the evolving needs of businesses and communities across the UK. Here's how the CBI will continue to shape the conversation:

• Ongoing engagement with government: The CBI will maintain close engagement with officials across government departments, including NISTA. We will continue to provide feedback on the new infrastructure pipeline portal and ensure that the views of our members are reflected in the ongoing development of the strategy.
• Shaping infrastructure policy: Members have a unique opportunity to shape the CBI's infrastructure policy and narrative by joining our Infrastructure Working Group. This group plays a key role in influencing the direction of infrastructure policy and ensuring that the business community's concerns are heard at the highest levels.
• Continuing to represent business interests: The CBI will ensure that businesses have a strong voice in the future of the UK's infrastructure. We will work tirelessly to advocate for policies that drive growth, improve investment opportunities, and create the conditions for businesses to thrive.

The importance of CBI membership

The infrastructure strategy is a key area where businesses must be heard. By staying engaged with the CBI, businesses not only ensure that their voices are included in the development of national policies, but also contribute to the continued improvement of infrastructure in the UK. With a clear strategy now in place, it is essential that we work together to ensure its successful implementation - ensuring a resilient, forward-looking infrastructure system that meets the needs of businesses and communities across the country.

Through continued collaboration, the CBI will play an integral role in shaping the future of infrastructure in the UK, ensuring that businesses, both large and small, remain at the heart of this important national conversation. If you haven't already, join us and become part of the solution for the next generation of infrastructure in the UK.