Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 September 2019 to Question 281813, Infrastructure, how much funding has been allocated to the delivery of the National Infrastructure Strategy in each of the last three years.
The National Infrastructure Strategy is due to be published later in the autumn.
The Government has taken a number of major steps to increase infrastructure investment in recent years. The Treasury introduced the £37bn National Productivity Investment Fund (NPIF) to establish additional capital spending for areas critical for improving productivity, including economic infrastructure, R&D and housing. Transport investment will increase by 50% from 2015 to 2020. And more broadly, public sector net investment is due to reach levels not sustained in 40 years.
As set out in Spending Round 2019, the Government will announce its ambitious plans for future capital spending later in the autumn, alongside publication of the National Infrastructure Strategy.