22 Oct 2024
The government has launched the British Infrastructure Taskforce, which will aim to boost business confidence in UK infrastructure investments and unlock private investment.
The Taskforce will explore different options to support the government's infrastructure goals to drive growth.
Key businesses and stakeholders have invited to work with the government to support the delivery of its infrastructure agenda.
It follows the announcement to launch a new National Infrastructure and Service Transformation Authority (NISTA) which will bring oversight of strategy and delivery under one roof.
The NISTA will support the development and implementation of the ten-year infrastructure strategy in conjunction with industry.
Chancellor Rachel Reeves said: 'Increasing investment in infrastructure is a vital part of delivering on our number one mission to grow the economy and create jobs.
'Just days after our International Investment Summit, we are delivering on our promise to work with business to drive growth across the country, and the expertise of this Taskforce will be invaluable in the weeks and months ahead.'