Inside Starmer’s plan to use private finance to boost Britain’s infrastructure

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Labour had planned to launch the policies in early July, but were caught out by the election.

Caption: Britain’s Labour Party Leader Keir Starmer and Shadow Chancellor of the Exchequer Rachel Reeves visit a building site in London, Britain, March 7, 2024.

He said: “After 14 years under the Tories, nothing seems to work anymore. Public services crumbling, ambulances that don’t come, families weighed down by higher mortgage rates, antisocial behaviour on our high streets. The list goes on and on.”with industry leaders since January with shadow ministers believing that building more infrastructure in the UK supported by big business would help provide economic growth while subject to tight spending rules.

In the introduction to the document then Levelling Up Secretary Michael Gove wrote: “Improving energy security, achieving net zero and delivering the transport connectivity, water and waste management facilities this country needs demands investment in infrastructure. And in July last year Prime Minister Rishi Sunak claimed the government was on track to hit its manifesto commitment of one million new homes in the course of this Parliament.“The prospect of a long term pipeline is good and will be welcomed by industry. It sounds good but currently, what we’ve been told is quite vague — the devil will be in the detail.

 

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