GOVT FAILS ON INFRASTRUCTURE DELIVERY

In the first three years of this government capital investment is £5.4 billion lower than the plans George Osborne inherited from Labour.

Analysis of the Government’s “infrastructure pipeline” showed that at the start of this year only seven of the 576 projects (1.2%) are “completed” or “operational”.

According to a document due to be published this month a third of the Government’s 200 biggest infrastructure projects are either over-budget or have been delayed.

The Public Accounts Committee has said it is not convinced the Government’s infrastructure plan is “credible”.

The Director General of the British Chambers of Commerce called the government’s National Infrastructure Plan “hot air, a complete fiction” and the CBI have said “creaking infrastructure still lags behind other countries and we cannot afford further delays in getting spades in the ground”.

John Cridland, the CBI Director General, has also said that he has a “queue of businesses at my door telling me delivery of the Government’s Infrastructure Plan needs speeding up”.