Business leaders call for 'tarmac and telecoms' from productivity fund

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.

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Source: Guardian Transport

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