Wednesday 5th December 2012
Dr. Ashley Steel, KPMG’s global chair for transport comments
“With £1bn of additional roads investment, Government support for the extension of the Northern Line to Battersea Nine Elms and momentum gathering around HS2 Phase 2, this confirms that transport remains at the heart of Government’s infrastructure plans.
“However, the Chancellor has missed a big opportunity to give business a clear direction of where government stands on the issue of airport expansion. As part of his Budget announcement in the spring the Government said it will ‘confront’ the lack of airport capacity in the South East but so far we haven’t had an update.”
“Additional runway capacity is essential for the continuing economic recovery. We urgently need greater access to the business opportunities found in the growing economies of Asia and Latin America. We hope the promised Davies report will commit to providing additional runway capacity quickly. The Chancellor is speeding up decisions around HS2, why isn’t he speeding up decisions around Heathrow expansion.”
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