News

Infrastructure scrapes through autumn statement as Hunt commits to £600bn investment

By 2022-11-17T13:50:00

HS2 Euston interior CGI

Source: Grimshaw \ HS2 Ltd

HS2 and Sizewell C will go ahead but Kwarteng’s priority project list binned

Fears of damaging cuts to investment in public infrastructure proved unfounded this morning as the chancellor promised to maintain rail investments and waved the green flag for a new nuclear power plant at Sizewell C.

Ahead of an autumn statement focused on tax rises and spending cuts to curb inflation, there had been concerns within the industry that public investment would not be immune, with ministers hinting that major projects such as HS2 could be reviewed.

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