Infrastructure spared in autumn statement as Hunt commits to £600bn investment

By Daniel Gayne2022-11-17T13:57:00

HS2 and Sizewell C will go ahead but Kwarteng’s priority project list binned

Fears of damaging cuts to investment in public infrastructure proved unfounded this morning as the chancellor promised to maintain rail investments and waved the green flag for a new nuclear power plant at Sizewell C.

Ahead of an autumn statement focused on tax rises and spending cuts to curb inflation, there had been concerns within the industry that public investment would not be immune, with ministers hinting that major projects such as HS2 could be reviewed.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community