A Blueprint for Growth
As the country enters the second week of the UK general election campaign trail, 12 Tier One UK infrastructure and construction contractors and consultants have today published their Blueprint for Growth, sharing 12 recommendations that the future government should implement to effectively boost the UK’s economic growth and productivity.
Collectively directly employing nearly 100,000 people across the UK and representing £25 billion of UK revenue – which can be factored by at least a three-fold economic impact as infrastructure investment generates significant wider economic benefit in the wider supply chain and communities – the Blueprint for Growth represents the asks of a significant portion of the UK infrastructure and construction industry.
With the current Government’s Major Projects Portfolio consisting of an unprecedented 244 projects requiring delivery, and an established and clear correlation between investment in infrastructure and GDP growth – with the industry one of the most effective, efficient, and sustainable ways of spreading jobs and skills across the country – the Blueprint for Growth is a clear collective ask to align on a number of key areas:
- Depoliticise infrastructure
- Appoint a Cabinet Minister responsible for infrastructure
- Increase private investment in public infrastructure
- Timely, holistic decision-making on key areas
- Improve budget setting for infrastructure schemes
- Efficient risk allocation
- Investment continuity
- Simplify the judicial review process
- Mandate consideration of the national interest
- Self-certification system to accelerate delivery of infrastructure projects
- Transform the Apprenticeship Levy
- A flexible immigration.
The Blueprint for Growth represents a notable collective commitment from the UK infrastructure and construction industry to collaborate with policymakers, industry stakeholders and government agencies to help develop the twelve recommendations and realise the shared vision of a thriving infrastructure sector which continues to drive sustainable growth, create jobs and build a brighter future for the UK.
To read the Blueprint for Growth in full, click here.
ENDS
Media enquiries: George Parrett [email protected]
Notes to editors
About Costain
Costain helps to improve people’s lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create, and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK’s energy, water, transportation, and defence markets.
We are organised around our customers anticipating and solving their challenges and helping to improve performance. By bringing together our unique mix of construction, consulting, and digital experts we engineer and deliver sustainable, efficient, and practical solutions.