Yesterday, the Chancellor delivered his Autumn Statement, which promises to deliver stability and certainty for our industry on spending plans for the next two years.
The statement includes a number of elements relevant to Amey and the sectors we operate in including:
- Safeguarding over £600bn in capital investment for building of new infrastructure such as roads, rail and communities over the next five years.
- New national ambition to reduce the UK’s final energy consumption from buildings and industry by 15% by 2030 against 2021 levels.
- Investing £1.7bn on priority local infrastructure projects through a second round of the Levelling Up Fund.
Further to the statement yesterday, our CEO, Amanda Fisher, said:
“Amey welcomes the Chancellor’s renewed commitment to economic stability, the levelling up agenda, and the Glasgow Climate Pact agreed at COP26.
A modern infrastructure network is critical to delivering this, and we are pleased with the decision to maintain the government’s capital budgets over the next two years, as well as its commitment to major projects like Northern Powerhouse rail, HS2 and East West Rail.
Having made this important step, we would now encourage the government to bring forward the necessary planning and regulatory reforms needed to further accelerate the deployment of other key pieces of infrastructure across the UK.
During these difficult times, it is crucial that our industry works collaboratively with government to deliver new jobs and create a positive impact in the communities we serve. Amey stands ready to do just that and will continue to play a leading role in providing the services and infrastructure that millions across the UK rely on every day.”