Infrastructure investment

At last week’s launch of the Institution of Civil Engineer’s State of the Nation* report, an assessment of theUK’s infrastructure, ICE President Paul Jowitt said: “You can postpone the investment, you can’t postpone the risk.”

The ICE report graded six components of our infrastructure (energy, strategic and local transport, water & wastewater, flood risk management and waste management) from A, fit for the future; to E, unfit for purpose. No category scored at the extremes but only two rated B, adequate for now. In many areas we are living on a “wasting asset”.

The budget this week will be an early indication of whether the UK is able to slow and then reverse the deterioration in our vital infrastructure.

*www.ice.org.uk/stateofthenation