Monday 5 October 2015

Lord Adonis to lead infrastructure body as Osborne announces £5bn project boost

Chancellor George Osborne has launched a new infrastructure commission to be led by former Labour transport secretary Lord Adonis.

The new body will be unveiled in Mr Osborne’s speech to the Conservative Party conference today, in which he is also expected to announce an extra £5bn of funding for major projects.

The commission will produce a report at the start of each five-year parliament offering recommendations for priority projects.

It will focus initially on London’s transport system, connections between cities in the North of England, and updating the energy network including nuclear new builds.

Mr Osborne told the BBC: “This is about Britain making the bold decisions to provide security and jobs for the next generation; to make sure we have the railways, the roads and the runways that are going to power the economy going forward.

“We have made a start now and there is a lot of road building and railway work that is going ahead, but I want to continue that with this new independent infrastructure commission.” For the full article click here



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