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Spring Statement 2025: infrastructure investment to grow economy
Richard Risdon responds to the Spring Statement
Today’s Spring Statement from the chancellor Rachel Reeves set out the government’s long-term spending plans.
Richard Risdon, executive board director and regional managing director for UK and Europe at Mott MacDonald, has responded to the statement and recent announcements from the government: “News around construction skills funding and approval of the Lower Thames Crossing ahead of the Spring Statement gives the industry confidence that the government understands the role we play in driving growth on behalf of the UK.
“It was good to hear the government’s commitment to expansion plans at Heathrow and also that the Planning and Infrastructure Bill will permanently increase the size of the UK economy.
“I was pleased to see the industry, including our chair of the executive board James Harris, supporting the government's proposed reforms for the Planning and Infrastructure Bill with an open letter sent to MPs this week. All 13 signatories representing the UK’s leading Tier 1 contractors and consultants, are in agreement the Bill is a once-in-a-generation opportunity to unlock growth, accelerate critical projects, and strengthen the UK’s competitiveness.”