Richard Threlfall, KPMG’s UK Head of Infrastructure, Building and Construction comments on the infrastructure announcements.
Richard Threlfall, KPMG’s UK Head of Infrastructure, Building and Construction comments on the high speed rail commitment made during the Queen’s Speech. He said:
“This is a critical investment that will enable Britain to build the infrastructure needed to rebalance our country’s economic wealth.
"Today’s announcement connects more of our major cities to a high speed rail network, and takes us a step closer to creating a Northern Powerhouse.
“The commitment recognises the dismal state of links between the heart of the UK and its Northern cities today. This should finally turn the tide and help the North regain its historic prominence in the UK economy.
“Government, local political and business leaders now need to come together and develop the connectivity that HS2 offers into an overall vision for the development of the North.
“The objective is clear - a vibrant, successful and integrated northern economy that our children will be proud to inherit. Today’s announcement brings us an important step closer to that.”
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