John Laing infrastructure chief calls for a post-Leave boostComments Off on John Laing infrastructure chief calls for a post-Leave boost
John Laing has called on Chancellor Philip Hammond to give Britain’s infrastructure a shot in the arm at this year’s Autumn Statement.
Andrew Charlesworth, a director of John Laing Infrastructure fund, said the UK’s decision to leave the European Union was an opportunity for Theresa May’s government to “embrace spending and infrastructure development” and promote itself on the world stage.
“I’ve been banging the drum for many years about the opportunity infrastructure delivers and Brexit is a fantastic opportunity for the UK to grasp the form and get on with it,” he said.
“The attractiveness of the UK at the heart of Europe may not be so strong post-brexit but if we can provide the solution as an industry we can promote growth,” Charlesworth added.
Debate about the Bank of England’s quantitative easing policy has led to many calls to Hammond for more money for roads, bridges and buildings.