Senior figures have warned that much remains to be done before the measures outlined in the Queen’s Speech to boost infrastructure become a reality.
CBI deputy director-general Katja Hall said: “The government has talked a good game on infrastructure but the pace of delivery has been sluggish.
“Improving the pre-application phase of the planning process, and moving towards a one-stop shop for planning consents, should help to streamline the system and get much-needed projects over the start line. But more than anything else we need to see bold political will to achieve this.”
Tom Crane, economist at business intelligence unit Glenigan, said the promised reform of the Highways Agency should improve the certainty of roads investment over time.
But he added: “We hope this process is concluded ahead of next year’s General Election, though inclusion in a wider infrastructure bill including more controversial changes to the shale gas drilling regime may slow its progress.”