Jonathan White, UK head of infrastructure, building and construction at KPMG in the UK comments on the latest Budget.
Jonathan White, UK head of infrastructure, building and construction at KPMG said:
“The UK has lagged behind others in the G7 in investing appropriately in world-class broadband infrastructure. Given how important connectivity is to boosting the economy, as well as the role it has to play in improving social infrastructure, it’s positive to see the chancellor address this area.
“Yet to benefit fully from better infrastructure, the UK also needs a workforce equipped with the right skills to capitalise on technological change. Government and business backing for upskilling schemes like the National Retraining Scheme will be key to ensuring this happens.
“With a growing population, the country’s housing shortage looks set to remain a longstanding issue if meaningful measures aren’t put in place. Extending the Housing Infrastructure Fund is a start, but more needs to be done to explain how this fits into its wider strategy around housebuilding. As a standalone measure, its impact will be fairly modest.”
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