- The British government said on Friday it will launch a national infrastructure bank to help drive investment in infrastructure projects.
- Almost half of Britain’s future infrastructure projects are forecast to be privately financed, and the bank – which will be launched next year – is expected to help deliver the government’s commitment to invest more than £600 billion (S$1.07 trillion) over the next five years.
- Mr Sunak will announce tens of billions of pounds of infrastructure investment next week, targeted at meeting the government’s promise to address imbalances between different regions.
UK to launch infrastructure bank to boost investment
