Political uncertainty remains top concern

Infrastructure professionals have their eyes focused on next year’s election as the key issue, according to research from law firm Freeths.

Its survey, conducted among delegates at October’s UK Infrastructure and Regeneration Conference and Expo (UKICE 2014), found that there remains a consensus that political uncertainty is holding back development.

Almost a quarter of respondents listed political uncertainty as the top challenge, while 18% cited a lack of support from the government as their main concern. Budget constraints were also considered to be the major worries for a further 18%, as were planning constraints.

“There is an overwhelming sense that this government has achieved very little,” the research said. “Above all, the government seems to be lacking a coherent plan.”

However, despite the concerns, the survey also revealed that there remains an “overwhelming sense of optimism” among those polled that the UK’s infrastructure will improve over the next decade.

The survey found 78% of respondents said they were either confident or very confident that infrastructure would improve over the next 10 years.