Just one in five national infrastructure projects started

Aaron Morby 7 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

Carillion liquidator to clawback £510m

Financial watchdog to consider whether to take action over conduct of directors in March
10 hours ago

Interserve hires new construction commercial director

Ben Edwards takes up new role after seven years in Middle East
11 hours ago

Balfour tops October contracts league after road win

Morgan Sindall unseats Kier with the highest value of orders over last 12 months
20 hours ago

British Land makes £200m profit on luxury Mayfair flats

Developer hails "highly successful" Clarges scheme
13 hours ago

Network Rail plans Dragons’ Den to drive SME innovation

Rail infrastructure on track to deliver a third of spending via SMEs by 2022
13 hours ago

Plans go in for 20-storey Bolton tower

Seddon lined-up as main contractor for major mixed-use scheme
14 hours ago

Groundworker engulfed in flames after cable strike

Court hears how contractor failed to identify cables on car park site
14 hours ago

Galliard to start luxury apartments above Crossrail station

Go-ahead for £140m residential scheme above delayed station
1 day ago

Co-op signs new maintenance deal for all stores

Trio of winners for five-year deal covering 3,500 food stores and funeral homes
1 day ago

Boost your online presence – join the Enquirer Directory

Site for suppliers and buyers showcases products, services and latest stories
2 years ago

Oakervee review backs full HS2 project

Leaked report floats idea of re-procuring contracts for best value
2 days ago

More than 200 hotels planned in London

Hotel building boom fuelled by Brexit-related fall in sterling
2 days ago

VolkerWessels to be taken private in buyout

Major shareholder makes offer for rest of business
2 days ago

Marcus Worthington went down owing £9m to subbies

Supply chain suffers again in latest administration fall-out
2 days ago

Kier Construction regional MD joins developer

Steve Creswell joins Sussex house builder Thakeham Group
2 days ago

Network Rail extends Ganymede labour supply deal

Derby-based labour supply agency has over 1,000 workers on the railways
2 days ago

Rydon secures £100m London council estate rebuild

Ealing council confirms Rydon for 460-home rebuild of High Lane Estate
2 days ago

Galliford Try picked for 600-home Kidderminster scheme

Former NHS site to be redeveloped in six phases
2 days ago

Balfour strains to sign-off Midland Met hospital restart deal

Engie named for hospital estate hard FM contract as Trust sweats for December restart
3 days ago

Construction dodges recession after output rise

1.4% new work uplift holds up third quarter construction activity
2 days ago

Crossrail delayed again until 2021 as costs rise another £650m

Project chiefs confirm more delays and cost increases
5 days ago

US consultant Cumming makes another move in UK market

Cumming confident about UK market as it merges with Stoke-on-Trent-based Prosurv
3 days ago

Caddick to build £50m Wakefield industrial park

Work to start early next year on 515,000 sq ft logistics hub
3 days ago

GMI gets start date for Kirkby town centre regen

Council strikes deal with St Modwen to kick-start stalled retail scheme
3 days ago

Skanska trials graphene enhanced super-tough blacktop

New asphalt concrete will be laid in Curbridge Oxfordshire
5 days ago

Chinese firm set to save British Steel in £70m deal

Industrial group Jingye to rescue Scunthorpe works where UK construction steel is produced
3 days ago

Bid races for £900m gas mains replacement programmes

Contractors called up for Scottish and southern England cast iron gas mains replacement
6 days ago

Laing O’Rourke building boss joins Kier

Liam Cummins joins Kier as group managing director of construction
6 days ago

Firms handed £18m for mini nuclear power stations

BAM Nuttall and Laing O'Rourke consortium secures cash to develop next generation plants
6 days ago

Late payment sparks mental health crisis in construction

Nine out of ten construction bosses suffering effects of late payment
6 days ago

Contractor services