The cost of upgrading the UK’s infrastructure to make it fit for the future is likely to be £30bn a year of public money, plus about £40bn-50bn a year of private sector investment, the National Infrastructure Commission has said.
That figure of £30bn is strikingly similar to the Labour party’s promised investment of £28bn a year to meet the UK’s net zero targets, shift the economy permanently to a low-carbon footing, and create new green jobs.
