The Government’s current decision-making process has failed to deliver desperately needed infrastructure, according to a new report published by the Institute for Government. Whilst high quality infrastructure is essential to alleviate national challenges, such as regional inequalities and low productivity, the report notes that the UK has consistently failed to deliver in comparison to other wealthy countries.
The publication comes at a time when the Government expects £534 billion to be invested in economic infrastructure over future years. The report seeks to enhance the effectiveness of such investment by improving three crucial aspects of infrastructure policy – the time, cost and quality of infrastructure projects. The Institute’s recommendations include overhauling the current form of cost/benefit analysis, providing investors with a clear pipeline of projects and, more radically, creating a Commission for Public Engagement to speed up infrastructure decisions by engaging the wider public in infrastructure debate.
To read the report in full, click here.