Construction: Economic Situation

(asked on 16th November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment has he made of the adequacy of the investment environment in the construction sector.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 21st November 2022

Investing in high quality infrastructure is crucial for boosting economic growth and productivity. The Autumn Statement re-affirmed the Government’s commitment to protecting capital investment budgets, meaning government will invest over £600 billion across the next five years, including in the HS2 link to Manchester, Northern Powerhouse Rail and Sizewell C. The Government will also accelerate delivery of infrastructure projects, including through reforms to the planning system, and place the UK Infrastructure Bank on a statutory footing. These measures will ensure businesses have the confidence to invest.

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