Hunt urged to invest £30bn a year in infrastructure or risk ‘decade in doldrums’

Hunt urged to invest £30bn a year in infrastructure or risk ‘decade in doldrums’
By: The Guardian Posted On: November 08, 2023 View: 11

Thinktank says stronger than expected tax revenues have given chancellor scope for bold package in autumn statement Jeremy Hunt risks condemning Britain to a decade in the doldrums unless he uses this month’s autumn statement to announce a £30bn-a-year investment plan to upgrade public infrastructure, a leading thinktank has warned.The National Institute for Economic and Social Research (NIESR) said the chancellor should ignore calls by Tory MPs for pre-election tax cuts and instead focus on measures to boost growth through improvements to transport, digital networks, skills and housing. Continue reading...

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