Richard Threlfall, KPMG’s UK head of infrastructure, building and construction comments ahead of Nick Clegg’s closing speech at today’s Lib Dem party conference:
“Infrastructure is the antidote to austerity, it’s good that the Government has got that message.
“If the Treasury wants to increase capital spending on infrastructure projects that’s great but we also need to facilitate the flow of private money into infrastructure projects. That means Government unblocking projects fast and standing up for the role of private finance and procurement in infrastructure.
“As our recent infrastructure survey* has shown the state of our country’s infrastructure is a huge concern to the majority of businesses in the UK. Businesses want three things: an overall infrastructure vision and strategy from the Government, reforms to the planning system in order to speed up investment into projects and less red tape.”
*For more info on the recent CBI/KPMG infrastructure survey please go to:
http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Investment-In-Infrastructure-Would-Kick-Start-UK-Growth-New-CBI-KPMG-Survey.aspx
For further information please contact:
Katrin Boettger
Tel: +44 207 896 4232
KPMG press office: +44 207 694 8773
Email: Katrin.boettger@kpmg.co.uk
About KPMG:
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with nearly 11,000 partners and staff. The UK firm recorded a turnover of £1.6 billion in the year ended September 2010. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have more than 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
