Businesses demand infra action

Two-thirds of UK businesses want the government to increase the pace when it comes to infrastructure delivery, the 2015 CBI/Aecom Infrastructure Survey has revealed.

According to the poll of business leaders, 62% are concerned about the current pace of progress, while 53% believe they won’t see the necessary improvements in the next five years.

However, the survey also revealed that businesses are encouraged by some government efforts, such as the recent creation of the National Infrastructure Commission, as well as the use of government guarantees.

“Business and government are on the same page on the need to invest in our infrastructure future, as we have seen with the creation of the National Infrastructure Commission,” said CBI director-general, John Cridland. “But that hasn’t stopped wrong turns being taken, like the reversal on government support for renewable energy.

“Delivery of key projects – from where we build a new runway to how we power our industry and homes for the future – must be the crowning achievement of this Parliament.”

Earlier this month, the CBI called for greater investment in London’s infrastructure, describing it as the “number one priority” for business ahead of next year’s mayoral election.