Skip to content
Saturday 1 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,868.05
-0.27%
DAX
25,629.24
+0.07%
CAC 40
8,509.64
+0.28%
STOXX 50
6,358.01
+0.21%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 07 October 2020 5:00 pm  |  Updated:  Wednesday 07 October 2020 12:33 pm

Guest opinion: Too many infrastructure projects have been dropped or delayed

By: Hugo Sutherland

Add as a preferred source on Google
BRITAIN-POLITICS-HEALTH-VIRUS

So, another “big vision” speech from the prime minister. After weeks of criticism over the Government’s poor handling of coronavirus and Brexit the call to arms at the Conservative Party’s online conference came straight out of the Johnson playbook. 

Boost infrastructure investment and productivity. Build a better country. Look ahead to a bright future.

It’s certainly a timely intervention – not just as a sop to restless backbenchers and with half an eye on the Government’s poll ratings, but to business and industry too.

Read more: Johnson pledges millions towards green energy revolution

Since the prime minister’s agenda setting “Build Build Build” speech at the end of June it’s striking just how little we’ve heard from ministers on how they intend to deliver this post-COVID transformation of Britain.

There quite evidently remains a major gap between this Government’s rhetoric and the actions that will actually give big business confidence. This is a problem when you’re relying on the private sector to lead an infrastructure revolution.

Many of the proposals that could make the Government’s vision a reality have either been quietly delayed or dropped entirely. 

The National Infrastructure Strategy is now well overdue, holding up vital policy and spending decisions on transport, local growth, digital infrastructure and hitting “net zero” carbon emissions. More needs to be done to attract private finance and investment back to UK infrastructure as the CBI’s excellent “Investing in infrastructure” report recently made clear.

Read more

AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation

Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...

The much-vaunted Energy White Paper has suffered the same fate. An electric economy is within touching distance and can be genuinely transformational but requires strong Government backing and a funding model for new nuclear to make it happen. The commitment to make the UK a “world leader” in green energy by increasing generation in offshore wind is again suitably bold and visionary but rests on a “green industrial revolution” paper promised later this year.

The Devolution proposals were a key component of “levelling up”. Local government would be made more efficient, thus making it more effective. Increased local accountability would act as an incentive for more sensible decision-making and investment in major projects which would begin to bridge the north/south divide. This all makes sense, especially when responding to the pandemic necessitates local strategies. But the devolution proposals appear to have been dropped indefinitely.

And what of planning reform? We again hear that radical changes to the planning system will boost housebuilding but as yet have no indication that the Government is prepared to take on its backbenchers to make that happen.

This speaks to the dangerous balancing act that is trying to keep “red wall” MPs and Tory MPs in the shires and suburbs happy at the same time. What’s more, if the planning reforms do ever materialise it will be at least three years before we begin to see the benefits.

Cause for genuine optimism is that much of the Government’s vision is achievable. 

Read more: Plans for Welsh nuke plant put on ice after Japanese firm pulls out

Strong decision-making and investment would certainly put the country in a much better place. Committing to delivery now in all these areas would aid the Covid response and build greater confidence in our post-Brexit future. But this requires less talk and more action. Here’s hoping we start to see that.

Read more

Starmer: Britain must ‘not stick its head in the sand’ on AI

Starmer is set to reshuffle his top team.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Trending Articles

  • Gino D’Acampo restaurants face HMRC winding-up order

  • PwC thought leadership reports ‘100 per cent AI generated’

  • BP quits North Sea after tax grab

  • Foxtons hits out at Renters’ Rights Act as profit halves

  • Healey announces early Budget

More from City PM

  • AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation

    Tech
    Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...
  • Starmer: Britain must ‘not stick its head in the sand’ on AI

    Tech
    Starmer is set to reshuffle his top team.
  • Steve Rigby: Burnham has a chance bring confidence back to British business

    Opinion
    Andy Burnham smiling at a public event, wearing a suit and tie, representing positive leadership and community engagement.
  • Britain’s first sovereign AI model secures blue-chip backing as Starmer unveils £400m plan

    Tech
    Prime Minister Keir Starmer addressing media at a press conference podium, discussing current governmental policies and in...
  • ‘Dire’: Rapid decline in construction as sector slashes jobs

    Economics
    Construction workers building a residential complex, symbolizing Labours push for renters rights legislation
  • Andy Burnham should show London he cares by funding this one transport project

    Opinion
    Andy Burnham, Mayor of Greater Manchester, standing outside 10 Downing Street in a suit and tie.
  • London Tech Week sums up everything wrong with UK tech

    Opinion
    Attendees at London Tech Week 2026 conference networking and discussing innovations in technology and business
  • Burnham promises to ‘build new economy’

    Politics
    Andy Burnham, Mayor of Greater Manchester, speaking at an event
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook