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Government failing to meet targets

NEWS

THE GOVERNMENT is missing its own key targets for improving public buildings and transport links as the UK continues to lag behind the rest of Europe in terms of infrastructure investment.

Economists at the Construction Products Association launched their latest spending report at the Labour Party conference in Brighton on Monday.

Research by the association reveals that a string of spending targets has been missed or abandoned altogether as promised cash fails to materialise.

And Britain is revealed as the poor man of Europe when it comes to investment spending just 7 per cent of GDP compared to an average of 12 per cent across the continent.

Association chief executive Michael Ankers said: 'We have welcomed the Government's commitment to address the problems caused by years of under investment but this research shows that targets are being missed, new targets are not being set and, in many areas, progress towards those targets is not even being monitored.'

The association has ranked the Government's performance out of three in the key spending sectors and made recommendations for improvements.