Responding to today’s Budget by the Chancellor, Chris Richards, Director of Policy for the Institution of Civil Engineers, said:
“If the Government wants to make real headway on their levelling up agenda, they will need to take a radical approach to fixing the problems that hold back parts of the country from realising their economic potential.
“The UK Infrastructure Bank will move us closer to addressing those problems, but only if it is given the mandate to take a trial-and-error approach to ideas from local and regional leaders. As the Government develops the scope of the Bank, prioritising the delivery of outcomes from day one, not prudent financial management, should be the main effort.”
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