Just one in five national infrastructure projects started

Aaron Morby 11 years ago
Share

Fewer than a fifth of the Government’s pipleine of 576 infrastructure projects are under construction, according to a new analysis of government data.

Labour will today seize on the findings launching an attack in a commons debate on the Government’s snail-like delivery of projects since it came to power.

Labour will also call on the government to build thousands of affordable homes, as it reveals research finding that just seven projects listed in the national plan have been completed.

Of those projects that are finished, most are road schemes which Labour will claim were started under the previous government.

Just 18% of the Coalition’s infrastructure projects are in construction or under construction.

Rachel Reeves, shadow treasury chief secretary will use the debate to urge George Osborne to accelerate infrastructure development and boost social housing construction which has slumped again over the last year.

“They slashed infrastructure investment by £12.8bn compared to the plans they inherited, which even Nick Clegg has admitted was a mistake,” she said.

“Now is exactly the right time to be making these investments. Not only would it help to kick-start our flatlining economy and get construction workers back to work, it will also make our economy stronger and more productive for the future,” she added.

“Even of those projects which have not been cancelled, government figures show just one in 100 have been completed and fewer than one in five have started construction.”

Mat Riley, Head of Infrastructure, Industry & Utilities at EC Harris said: “If you look across pretty much every infrastructure asset class, the story is the same, there simply aren’t enough that are under construction.

“The lack of decision making by the Coalition is having a massive impact, not only project starts, but on the economic future of the UK.

“The worse possible decision on these critical infrastructure projects is for there to be no decision as it leads to delay.  Delay means more time, more cost, is ultimately a worse deal for the taxpayer.”

Latest news

Geoffrey Osborne files administration notice

Latest accounts show £325m turnover and 800 staff
3 hours ago

RG Group signs £121m Newcastle rental homes job

Developer Olympian Homes advances 519 flats plan at Pottery Lane site
21 mins ago

Winners named for £260m Manchester Uni framework

B&K, Henry Bros, Graham, Robertson and Vinci among new line-up
3 hours ago

Shed specialist Benniman rides out market lull

Worcestershire warehouse builder says industrial and logistics work is picking up again
2 hours ago

Another contractor cleared after high profile immigration raid

Adana Construction employees were working legally on site swooped on by Home Office
2 hours ago

McAleer & Rushe wants to meet new London suppliers

Contractor holding Meet the Buyer event in London: Register now
2 hours ago

McAlpine signs £500m Broadgate dual towers deal

Work to start on iconic 36-storey and 21-storey towers
23 hours ago

Worker rescued from collapsed four metre deep trench

Fire crews take six hours to save trapped builder near Blackwall Tunnel
1 day ago

Gove puts another major building scheme on hold

Secretary of State starts another planning fight after M&S defeat
2 days ago

Greenwich University tenders £300m framework

Up to five firms will carry out upgrade and newbuild work at three campuses
1 day ago

Work starts on Manchester 26-storey Obsidian tower

Contractor Domis starts Salboy's 10th Manchester scheme in seven years
1 day ago

Race for £1.3bn West Midlands social homes framework

The Community Housing Group reboots tender race for new build housing
1 day ago

Delancey submits £400m King’s Cross lab plans

200,000 sq ft lab/office project will be built above railway and tube tunnels just 4.5m below
2 days ago

Winners revealed for £150m fire safety framework

New deal will help organisations comply with the Building Safety Act
1 day ago

Sellar plans £500m City tower next to Walkie-Talkie

Consultation starts on London 60 Gracechurch Street tower
2 days ago

Severfield ends year on high with record order book

Orders top £500m with strong future pipeline of opportunities ahead
2 days ago

Second senior director exits National Highways

Commercial director Malcolm Dare set to move on to new role
2 days ago

New scheme fuels London lab building boom

Plans in for 160,000 sq ft Whitechapel scheme near Royal London hospital
2 days ago

Contract race starts for next £155m section of A9 dualling

Prior Information Notice published for Tay Crossing to Ballinluig stretch
3 days ago

£55m Sheffield build-to-rent scheme approved

Demolition to start later this year for 158-flat Sheffield Garden project
3 days ago

London back as most expensive place to build in world

Capital leapfrogs Geneva to top costliest construction rankings
3 days ago

Gas supplier Regent to buy TClarke for £90m

£491m turnover listed building services specialist to be sold
3 days ago

Steel contractor Billington launches into bridge market

Steelwork firm hires staff from failed architectural and bridge specialist SH Structures
3 days ago

McGee employees benefit from rise in profits

Pre-tax profit doubles boosting payouts for Employee Ownership Trust
3 days ago

Lendlease veteran is latest new McAlpine director

Paul Sims joins as Operations Director after 40 years at rival contractor
4 days ago

Costain signs site labour supply deal with four firms

Contractor to use only a quartet of providers for temporary labour supply
3 days ago

BAM go-ahead for Leeds 200,000 sq ft office

Latitude Yellow will complete final plot at Doncaster Monk Bridge site
4 days ago

VolkerFitzpatrick wins £30m logistics job

Latest deal to build five distribution units for Prologis UK
4 days ago

Trio win new Scape utilities consultancy framework

Perfect Circle, AtkinsRéalis and Arcadis win places on
3 days ago

Precast firm FP McCann cleared after immigration raid

Home Office takes no action after public raid on construction site
4 days ago

Contractor services