DEPUTY Prime Minister and Sheffield Hallam MP Nick Clegg has revealed the Government is pushing ahead with 40 large infrastructure projects across the country in a bid to get the economy moving.
Mr Clegg said there is to be a ‘gear shift’ to get big national projects up and running.
He said: “Investment in infrastructure stimulates demand and raises productivity.”
In a speech at the London School of Economics, Mr Clegg said the coalition has not done enough to kick-start infrastructure projects - singling out transport as a problem.
“A key blockage is actually within government: Whitehall... failure to deliver major infrastructure projects on time and on budget is a perennial problem in the UK. The country needs jobs. Time is no longer on our side.”
The speech was welcomed by Prof David Begg, director of the Campaign for High-Speed Rail, which is campaigning for the £32 billion high speed rail network. He said: “The network will transform growth potential.”