Friday 30 October 2015

UK infrastructure boost planned through raising billions selling public assets

The Chancellor has committed to £100 billion of infrastructure investment by 2020, vowing to put it at the heart of a spending review aimed at “delivering security”.

Mr Osborne’s comments came ahead of the formal launch of the National Inf rastructure Commission (NIC) he established under the chairmanship of former Labour cabinet minister Lord Adonis.

A “suite of asset sales” which the Treasury expects to raise billions of pounds is being identified by officials, with details expected to be announced at the spending review on November 25.

The infrastructure spending commitment will include confirmation of £15 billion for road projects set out in December last year.

Mr Osborne said: ” My spending review will be about delivering security. For the full article click here 



from critical infrastructure alliance http://ift.tt/1P1d4k8
via IFTTT

No comments:

Post a Comment