Commenting on the Chancellor’s announcement of the Spending Round, Jasmine Whitbread, Chief Executive of London First, said:
“This is a missed opportunity at a time of great uncertainty for the economy. Instead of ploughing even more money into no-deal planning – an outcome that must be avoided at all costs – the Government should have helped shore up business confidence and galvanise growth through a long-term commitment to investing in critical infrastructure.
“When it publishes its infrastructure strategy later this year, the Government must urgently implement the recommendations of the independent National Infrastructure Commission and commit to investing a minimum 1.2% of GDP in vital projects across the country, to deliver Northern Powerhouse Rail and Crossrail 2, alongside vital tube upgrades.”
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