Industry welcomes infrastructure bank but tells government to get on and build

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MMC taskforce also planned but worries remain over Brexit’s impact

More details about a National Infrastructure Bank and the creation of an MMC taskforce in today’s budget have been welcomed by construction – but worries remain about the impact of Brexit on the industry.

The bank, which will be based in Leeds and is in part designed to replace the European Investment Bank (EIB) following the UK’s decision to leave the EU at the end of last year, is designed to help bankroll a host of local projects previously helped by the EIB.

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