10 Year Infrastructure Strategy - Briefing Note

The long-awaited 10 Year Infrastructure Strategy was unveiled today (19 June) with a headline commitment of £725bn announced to upgrade the UK’s infrastructure.

The Strategy aims to provide greater long-term certainty by outlining a comprehensive plan for the country’s social, economic, and housing infrastructure. While several headline commitments - such as £39 billion for affordable housing and £14.2 billion for the Sizewell C nuclear power station - were unveiled in last week’s Spending Review, and the £590 million for the Lower Thames Crossing as well as introduction of the National Housing Bank were announced at the start of this week, there is still plenty for industry to digest, with more to come next week in the form of the Industrial Strategy and the National Security Strategy (both expected as soon as Monday).