Construction gives cautious thumbs-up to chancellor’s plans

By Tom Lowe2020-11-25T17:34:00

Series of spending pledges made by Rishi Sunak earlier today

The government’s announcement of a national infrastructure bank in today’s Spending Review has received a warm welcome from across the construction industry despite some warning of a lack of detail on skills and green jobs.

The new bank, which has been created partially to replace the European Investment Bank which the UK will leave at the end of the Brexit transition period on 31 December this year, will be based in the north of England and will open next spring.

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