The review spans funding the UK’s infrastructure, the tools government use to attract private finance into UK projects, and the way in which the market is governed.
Private finance will be essential to the delivery and success of the UK’s infrastructure over the next decade and beyond. Projects worth £600bn are planned between now and 2030, and the Chancellor, Philip Hammond, has publicly stated that around half of that needs to come from private sources.
HM Treasury and the Infrastructure & Projects Authority got in touch with the CBI inviting us to respond to their review of the UK’s infrastructure finance market.
This is a key area for the CBI’s members. Infrastructure is a critical pillar of the UK’s economic success: physical infrastructure such as road, rail and ports enhance connectivity and productivity between businesses at home and abroad; communities across the country run on our vital utilities infrastructure like energy, water and broadband; and social infrastructure – schools, hospitals and public housing – are essential parts of a high quality of public life.
As a result, the successful delivery of the country’
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