“It is refreshing to see the Prime Minister agreeing with British business that infrastructure improvements are critical to the UK’s future growth and competitiveness. Today’s announcements helpfully raise the profile of the UK’s infrastructure needs, join up various Government initiatives, and tackle the question of efficiency.
“However, the National Infrastructure Plan lacks the specifics required to reassure businesses. Firms of all sizes, in every region of the country, say that congestion, unreliable energy supplies, and poor broadband could stop them from investing in the years to come.
“Britain cannot continue to dither on infrastructure while other countries get on and build. If businesses have to wait several years for the details to be fleshed out, the UK’s competitiveness will be further compromised. To deliver the private-sector growth we all want to see, the Government must move far more quickly from high-level vision to concrete action on major infrastructure.”