Time is running out for the Chancellor to take action and restore confidence among infrastructure developers and investors, according to KPMG’s Infrastructure, Building & Construction division.
UK head of infrastructure at the Big Four firm, Richard Threlfall, said that in order to create growth and drive long-term competitiveness the UK requires huge investments now in its housing, transport networks, and energy infrastructure.
He said the infrastructure community had been knocked back recently by three decisions [see side box] that were at odds with the government’s commitment to invest in infrastructure to drive growth.
Ahead of the Budget announcement tomorrow, Threlfall said...
About Robert Lovell
Business and finance journalist