‘New Deal’ marks a step in the right direction

Commenting on the Prime Minister’s ‘New Deal for Britain’ announced today, Jan Crosby, UK head of infrastructure, building and construction at KPMG, said:

“Spending on infrastructure to keep the economy moving in the short term, whilst creating nationally important infrastructure assets for the long term, is a step in the right direction. Unfortunately though, the £5bn doesn’t go that far when broken down to individual projects.  The programme should be even more ambitious – much larger and focussed on other areas that also need levelling up – social housing; communities and high streets, digital infrastructure, championing accelerator infrastructure for the creation of new export industries.

“It is great to see that there is recognition that our natural heritage is part of building a sustainable web of infrastructure – across the built environment as well as the natural one.  The flocking to beaches at the end of lockdown is an indicator of the importance we put on our natural spaces.

“Going larger, broader and equally focussing on spade ready schemes will resonate with many in the sector.  Let’s use this opportunity to really transform delivery too – facilitating access to SMEs as well as solutions driven tenders, energy efficiency, new innovation and technology enabled buildings and infrastructure which make the UK the best place in the world to live and do business.”

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About KPMG in the UK

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, Legal and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.



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