AC Affairs

UK government’s infrastructure spending plan unveiled

_71517792_infrastr_invest_1997_2013_624grThe government has unveiled its infrastructure spending plan for the next two decades, describing it as “a blueprint for Britain”.

The National Infrastructure Plan (NIP) includes the government selling off its 40% stake in the Eurostar rail service.

About £375bn of investment in energy, transport, communications, and water projects is planned, although no new money will be forthcoming.

The insurance industry also plans to spend £25bn over the next five years.

Speaking at the Institute of Civil Engineers in Westminster, Danny Alexander, Chief Secretary to the Treasury, said the plan was “a blueprint for Britain” that would lead to “long-term sustainable growth”…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s