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ARTICLE · 27 NOVEMBER 2017

Is The Budget Good For Infrastructure?

Bircham Dyson Bell LLP
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Today's entry reports on Wednesday's Budget. It is headlined ‘Budget 2017' in the papers but it's the second budget this year, there having been one in March before the election.

United KingdomReal Estate and Construction
Angus Walker
Angus Walker

Today’s entry reports on Wednesday’s Budget.

It is headlined ‘Budget 2017’ in the papers but it’s the second budget this year, there having been one in March before the election.

Here is the main Autumn Budget document – so what does it do for infrastructure planning?

Three announcements relate to the National Infrastructure Commission (NIC). Hot on the heels of its publication of a final report into the Cambridge-Milton Keynes-Oxford arc (another acronym: CaMKOx), the government is (apparently) accepting its recommendations. I can’t find those precise words although Phillip Hammond did say in his speech:

‘Today we back their vision and commit to building up to 1 million homes by 2050’.

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