With spending cuts all round, whoever is in power, can infrastructure projects escape the axe?

With all the talk not on “if” there will be public spending cuts, but “where” – what are the choices and pressures facing this government, and whichever government picks up the reigns following the next election?

At the very top level, total government receipts this year are expected to be circa £498bn – £48bn (8.8%) down on last year.

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