Infrastructure and energy initiatives in the UK are seemingly subject to regular revision and re-prioritisation. Boris Johnson’s Ten Point Plan for a Green Industrial Revolution and his bold statements for infrastructure and transport now seem a long time ago. Some of the recent factors influencing policy are well known: COVID-19, the Russia/Ukraine conflict, the energy and cost of living crisis, and a change of government personnel. Nevertheless, it is a challenge to stay up to date.
Following the most recent government statement in this area, Kwasi Kwarteng’s “Growth Plan 2022”, this is a summary of the key points, all falling under the government’s headline mission: to achieve sustainable economic growth, at a trend rate of 2.5%.