Dr. Ashley Steel, KPMG’s Global Chair of Transport comments:
“Although some may be disappointed about the level of infrastructure investment announced by the Chancellor, today’s Budget is good news for Britain’s transport network.”
“Out of the 40 ‘Infrastructure Priority Programmes’ the Government outlines in its budget report, 31 are planned investments into better transport links. They include key projects across the country, such as Crossrail in London, the London Underground upgrade, High Speed 2 and considerable improvements of the country’s motorway network.”
“Our own analysis shows that better business to business connectivity will enhance productivity and employment and thereby would contribute to economic growth and it looks like the government understands that too.”
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 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.