Balfour Beatty, along with 11 other Tier One UK infrastructure and construction contractors and consultants, has released a Blueprint for Growth. The document outlines 12 recommendations for the future government to boost the UK's economic growth and productivity. The collective, which directly employs nearly 100,000 people across the UK and represents £25 billion of UK revenue, emphasizes the significant wider economic benefit in the supply chain and communities that infrastructure investment generates.
The Blueprint for Growth addresses the need to depoliticize infrastructure, appoint a Cabinet Minister responsible for infrastructure, increase private investment in public infrastructure, and improve budget setting for infrastructure schemes. It also calls for efficient risk allocation, investment continuity, simplified judicial review processes, and a self-certification system to accelerate the delivery of infrastructure projects. Additionally, the document advocates for transforming the Apprenticeship Levy and implementing a flexible immigration system.
This collective commitment from the UK infrastructure and construction industry aims to collaborate with policymakers, industry stakeholders, and government agencies to develop the recommendations and realize the shared vision of a thriving infrastructure sector. The Blueprint for Growth represents a significant effort to drive sustainable growth, create jobs, and build a brighter future for the UK.
For more information, the full Blueprint for Growth can be accessed on Balfour Beatty's website. Media inquiries can be directed to Antonia Walton at Balfour Beatty.