News Infrastructure Heart Government’s Economic Plan Says Lord Deighton

The construction industry will help to increase the economy’s long-term growth rate and is at the heart of the government’s economic plan, said Lord Deighton at the Government Construction Summit today.

The commercial secretary to the treasury highlighted the key role that construction will play as part of a speech on improving infrastructure Delivery at the construction summit.

He said: “People are getting tired of talking about the long term economic plan for infrastructure

“But the plan needs to be long term as it involves stabalising the economy and infrastructure is at the heart of the government’s economic plan.”

Deighton also highlighted the infrastructure cost review that has helped to deliver over £3bn of annual savings

The commercial secretary to the treasury also spoke about the UK’s enviable position in terms of overseas investment, and stressed how important it was that the UK infrastructure market is seen as open for business.

“This is a global competition for capital and the UK needs to continue to be seen as attractive to overseas investors,” Deighton said.

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