Published on : Monday, August 18, 2014
The EEF, the manufacturers’ organisation, is publishing a paper on Monday 18th of August calling for the creation of a permanent UK Infrastructure Authority to address the nation’s long term strategic infrastructure requirements,
bring coherence to debates on infrastructure challenges and encourage vitally needed investment to support growth and competitiveness.
The paper is aimed at ending decades of political wrangling and poor planning, and comes amidst continued concerns over continued prevarication over expanding vitally needed airport capacity, a critical factor for half of foreign owned firms when deciding where to invest according to a recent EEF survey (1).
A spokesperson for Heathrow said:
“This report is yet more evidence of the critical role infrastructure plays in the economic health of the UK. For 350 years Britain has been home to the world’s largest port or airport, with Heathrow providing the long-haul connectivity that has supported our trading position for decades. Today, that competitive advantage is gradually being eroded as our competitors invest in their hub airports whilst we lose out in the race for connectivity to our rivals in Europe and Dubai.”