Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Autumn Statement: Full breakdown of infrastructure spend on rail, roads and housing

Today the chancellor Philip Hammond unveiled his first (and last) Autumn Statement.

Autumn Statement 2016_Infra infographic

Autumn Statement 2016_Infra infographic

The statement included billions of pounds of investment in infrastructure, housing and research and development. Here is a full breakdown of where exactly that money has gone.

National Productivity Investment Fund

  • £23bn of spending between 2017/18 and 2021/22 will be targeted at housing transport, digital communications, and research and development (R&D) projects to boost productivity.

Infrastructure investment

  • Government investment in the areas covered by the National Infrastructure Commission will rise to more than 1 per cent of GDP by 2020/21, up from 0.8 per cent.
  • Future invitations to the NIC to set out recommendations will be on the assumption that spending on infrastructure will equal between 1 per cent and 1.2 per cent of GDP each year from 2020 to 2050

Housing

  • Housing Infrastructure Fund to provide £2.3bn by 2020-21 for infrastructure targeted at unlocking housing developments in areas of greatest demand.
  • £1.4bn to deliver an additional 40,000 affordable housing starts by 2020-21
  • £1.7bn by 2020-21 to support accelerated construction of of homes on public sector land

Roads

  • £1.1bn by 2020/21 to go towards relieving congestion and delivering upgrades on local roads and public transport networks.
  • £220m to be invested to tackle key pinch-points on England’s strategic roads network.
  • Government will recommit to the National Roads Fund announced during the Summer Budget 2015.

Rail

  • £450m to trial digital signalling technology across the network.
  • £80m to roll out smart ticketing including season tickets for commuters in the UK’s major cities.
  • £5m in development funding for the Midlands Rail Hub, a programme of rail upgrades in and around central Birmingham.
  • £27m in development funding for Oxford to Cambridge expressway.
  • £100m to accelerate construction of the western section of the East-West Rail between Oxford and Cambridge line.
  • £10m in development funding for the central rail section of the East-West Rail section.

Future Transport Fund (£390m)

  • £80m for Ultra Low Emission Vehicles charging infrastructure.
  • £150m in support for low emission buses and taxis.
  • £20m for the development of alternative aviation and heavy goods vehicle fuels.
  • £100m for new UK CAV testing infrastructure.
  • 100 per cent first-year government allowances to companies investing in charge-points for electric vehicles.

Local Enterprise fund (£1.8bn)

  • £556m of this will go to the North of England.
  • £392m to LEPs in the Midlands.
  • £492m to London and the South-east.
  • £191m to the South-west.

Digital Infrastructure (£1bn)

  • £740m will be invested by 2020-21 into supporting the roll out of full fibre connections and future 5G technologies.
  • £400m for a new Digital Infrastructure Investment fund to invest in new fibre networks.

Autumn Statement in-depth: Construction analysis

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.