Investment into UK infrastructure 'is needed'

People with private wealth may be interested to put their money into building projects after it has been said that greater investment needs to be given to the UK's infrastructure.

The British Property Federation (BPF) is aiming to raise awareness of the benefits of support for the country's transport services, construction projects and property market.

It stated that unlike other emerging countries such as China and India, which put billions of pounds into their roads and rail, the UK is lacking from investment support.

Chief executive of the BPF Liz Peace told private banking professionals that "our longer-term [economic] recovery requires sustained levels of investment in rail infrastructure on which the UK relies".

Group finance director at Network Rail Patrick Butcher also said this will help private enterprises to "flourish at the time the country needs it most".

There could be greater opportunities for building projects after the government made changes to planning reforms in last month's Budget, in a move that the BPF welcomed.

If you would like to discuss how we can assist you further please contact us on: Tel: +44 (0)20 32077400 or email our team of advisers.ADNFCR-2318-ID-800486008-ADNFCR