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ARTICLE · 18 JUNE 2014

The Infrastructure Bill

As part of its programme of legislation for the next parliamentary session, the government introduced a series of policies and proposals.

United KingdomReal Estate and Construction
Paul Zyda
Paul Zyda

As part of its programme of legislation for the next parliamentary session, set out in the Queen's Speech on Wednesday 4th June 2014, the government introduced a series of policies and proposals, some of which are contained in the new Infrastructure Bill. The primary aim of the Bill is to improve how the government funds, plans and manages national infrastructure projects.

According to the government, the Bill will "bolster investment in infrastructure and reform planning law to improve economic competitiveness", by delivering stable long term funding, greater value for money as well as discharging unnecessary administrative pressures. It is predicted that the proposals will provide a £2.6 billion boost to the economy over the next decade.

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