Business leaders call for 'tarmac and telecoms' from productivity fund
Investment fund of £23bn announced in autumn statement must be quickly translated into action, CBI head says
Business leaders have told the government it must convert a new £23bn productivity investment fund into “tarmac, tracks and telecoms” rapidly if it wants to boost Britain’s lagging productivity and economic growth.
The private sector has become increasingly frustrated at a string of unfulfilled pledges by the government – primarily by the former chancellor George Osborne – to step up investment in British infrastructure.
Source: Guardian Transport