Balls unveils infrastructure inquiry

1 October 2012 Shadow Chancellor Ed Balls has announced the Labour Party is delivering a new inquiry to consider how long-term infrastructure delivery can be improved.
Speaking at his party’s conference in Manchester, Balls revealed that chair of the Olympic Delivery Authority, Sir John Armitt, will lead the review, which will cover how long-term infrastructure decision-making, planning, delivery and finance can be radically improved.

He added the review’s findings will result in plans being put in place for “a commission or process, independent of government, that can assess and make proposals on the long-term infrastructure needs of our country over the coming decades”.

Balls said there needs to be a focus on cross-party consensus to deliver the long-term infrastructure needs of the country, which the new commission would help to deliver.

“Not repeating the mistakes of the past, but learning from them,” he continued. “Building a consensus which crosses party lines, without chopping and changing one parliament to the next.”

He also signalled support for government efforts to bring institutional investors into the market.

“When government budgets are tight, we must think innovatively about how we can finance these vital projects over the coming decades, drawing on the private sector and long-term pension savings,” he said.

This page was last updated on:
16 September 2014.

thumb

Indian summer

It’s been a long, dark winter for many in the UK PPP market, but as we head into autumn there are signs of progress at last

thumb

A big impression

The Philippines’ PPP Center Deputy Executive Director Sherry-Ann Austria discusses progress, after a successful night at the Partnerships Awards 2014

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...