6 September 2012

New UK Legislation Incentive for Infrastructure Investment and HouseBuilding

It was announced today new legislation from the UK Government to stimulate economic growth in the form of guarantee of up to £40 billion available for investment in infrastructure, furthermore up to £10 billion to build new homes.

The new legislation is intended to develop transport, energy, communications and environmental sectors as set out in the National Infrastructure Plan, including the housing sector. This new development follows on the context where the UK Guarantees scheme is intended to stimulate economic growth and exports.

More information on the scheme is also available from the Prime Minister speech a few months ago. Other schemes are also available such as the National Loan Guarantee, Lending Scheme and 500 projects.