Chancellor George Osborne has previously stated that £250 billion has been put aside to tend to the country's infrastructure, as part of the Coalition's economic recovery plan.
However, the Confederation of British Industry (CBI) believes that now is the time to begin spending that money, instead of just talking about how much cash is available.
John Cridland, director general of the employers' lobby group, pointed out: "Businesses can't yet see that things are getting better – 73 per cent don't think transport infrastructure will improve over the next five years and two-thirds believe the UK's energy and water infrastructure is unlikely to get any better."
The survey, which the CBI carried out in partnership with KPMG, also found that just 35 per cent believe the government is currently "having a positive impact on infrastructure investment".
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Posted by Nikki Barrister
Source: The Sales Engineer News