The speech, delivered by Prince Charles, in his position as Counsellor of State, centred on economic growth, managing inflation and levelling up. Finally, we look forward to the progression of the UK Infrastructure Bank Bill to support the financing of our infrastructure projects. CECA recognises that it is vital that the construction industry maximises opportunities to engage with our lawmakers as these bills progress through Parliament to secure UK economic and social growth for the long term. The prime minister himself noted the economic benefits and job opportunities infrastructure can bring at the official opening of the Elizabeth line last week. CECA research reiterates this message, noting that every £1bn of infrastructure construction increases overall economic activity by £2.842bn.

Source: The Times June 01, 2022 04:59 UTC