Chancellor Phillip Hammond put extra infrastructure investment at the heart of his Autumn Statement announcement.
Among the new spending pledges was £2.3bn for civil engineering infrastructure work to pave the way for 100,000 new homes.
The fund forms part of a £23bn National Productivity Investment Fund to be spent on innovation and infrastructure over the next five years.
Hammond also confirmed another £1.1bn to be spent on local transport schemes in England and £220m for improving pinch points on the strategic road network.
In the longer term he said infrastructure spending would rise to between 1-1.2% of GDP by 2020 compared to the current rate of 0.8%.
from Construction Enquirer http://www.constructionenquirer.com/2016/11/23/chancellor-unveils-extra-2-3bn-for-housing-infrastructure/
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