Richard Threlfall, Partner and UK Head of Infrastructure, Building and Construction at KPMG, comments on today’s infrastructure investment commitment:
“The jam was carefully but thinly spread across the North-South divide as the Chancellor endorsed further development work on both Crossrail 2 and HS3.
“Neither scheme will become reality before the 2030s but Crossrail 2 will proceed quicker because much of the preparation has already been done. HS3 meanwhile remains a concept searching for definition. The Chancellor continues to walk the tightrope of nudging forward the Northern Powerhouse concept he has championed, whilst knowing that in the short term little can be delivered to satisfy the expectations he has raised.”
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