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Autumn Statement: Infrastructure investment to reach £30bn

The government will use the savings generated over the comprehensive spending review 2010 period to fund £6.3 billion of additional infrastructure spending.

This includes £1.3bn that was announced earlier in the autumn.

Alongside this, around £1bn of new private sector investment in regulated industries will be supported by government guarantee.

The government is also announcing commitments to £5bn of capital projects in the next spending review period, as part of the National Infrastructure Plan, and is working with UK pension funds to unlock an additional £20bn of investment in UK infrastructure.

However, it is not clear when that £20bn could hit the ground and how much of this will be used to finance new infrastructure.

In total, the autumn statement supports around £30bn of new capital investment.

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