People, not bricks and mortar, are the foundations of our infrastructure

The UK needs to accelerate its infrastructure spending, says Haydn Mursell 

Investment in infrastructure remains a key contributor to the UK’s economic growth. As we head further into 2018, one of the fundamental challenges we face in the UK is accelerating this investment. 

In the annual update of its infrastructure and construction pipeline, published in December, the UK Government outlined over £460bn of planned infrastructure investment across the public and private sectors, including over £240bn which will occur in the next four years. The scale of this project pipeline is immense, covering the construction and maintenance of roads, railways, hospitals, power stations and schools. 

Studies have consistently shown that investment in infrastructure has a strong multiplier effect, with every £1 spent on construction output estimated to generate nearly £3 in total economic activity. 

But if these projects are to be built, the Government needs to ensure that the...

To continue reading this article

Start your free trial of Premium

  • Access all Premium articles 
  • Subscriber-only events 
  • Cancel any time

Free for 30 days

then only £2 per week

Access one Premium article per week

To continue reading this article log in to your Telegraph account. Or register now, it's free.
Registered customers can access one Premium article per week
Unlimited access to exclusive stories.
Half price for one year.
  • Access all Premium articles
  • Subscriber only events
  • Cancel any time
Free for 30 days, then just £1 per week