News Item: Infrastructure Chief Urges Treasury to Spell Out Clear Infra Strategy and Funding
National Infrastructure Commission Chair Sir John Armitt has called on the Chancellor of the Exchequer to use this autumn’s Spending Review to commit to a once-in-a-generation transformation of the UK’s transport, energy and technology networks. Sir John lays down four key tests (see below) by which the Commission will judge the credibility of the government’s National Infrastructure Strategy, which is expected to be announced at the autumn Spending Review. More details can be found by clicking here.
- A long term perspective – the strategy must look beyond the immediate spending review period and set out the government’s expectations for infrastructure funding and policy up to 2050;
- Clear goals and plans to achieve them – where the government endorses an Assessment recommendation, this should be backed up with a specific plan, with clear deadlines and identified owners, to ensure the Commission can easily check progress;
- A firm funding commitment – the government should commit to providing funding in line with the upper limit of the agreed guideline: 1.2% of GDP a year invested in infrastructure;
- A genuine commitment to change – recommendations such as devolving funding for urban transport to cities and a national standard for flood resilience are fundamental policy changes, and “the strategy needs to respond in the same spirit.”