Mark Williams, property and infrastructure expert at PA Consulting, comments that we can see more engagement from the government to invest in infrastructure projects in the UK.
The article discusses the future of Britain’s infrastructure and the need for long-term strategy and certainty when it comes to big projects, such as HS2 and a third Heathrow runaway.
Mark says: "The prime minister and chancellor want to boost the economy. The have emphasised the importance of infrastructure, easing some of the fiscal restraints and making announcements about rail investment in the North and accelerating delivery of fibre broadband."
Yet, the article goes on to say, a question of clarity and commitment remains open. Mark adds: "This may be a challenge given the government's small majority, but they need to provide that leadership so that the industry can respond with confidence. It doesn't all have to be through megaprojects either; a programme of smaller projects can ignite value in the regions and help rebalance the economy."