What Proposals Were Outlined In The Autumn Statement Of Relevance To Infrastructure, Housing, And Planning?
On Thursday 17th November, Chancellor of the Exchequer Jeremy Hunt announced his Autumn Statement, setting out what he described as a “plan for stability, growth and public services”. But what proposals were set out in the statement that were of relevance to those working with transport planning and infrastructure design consultants, and which Mr Hunt said would enable the UK to “face into the storm” of the global energy, inflation, and economic crisis? Infrastructure Mr Hunt announced that with regard to infrastructure, there would be no reduction in capital budgets over the next two years, and that the construction of new infrastructure would be safeguarded by capital investment exceeding £600 billion over the next half-decade. Major infrastructure projects to which the Government signalled its commitment included HS2 to Manchester, East-West Rail, and Project Gigabit. Housing Prospects for the housing market leading up to the Autumn S...