Authors: Dieter Helm, James Wardlaw and Ben Caldecott
Publication date: 1 September 2009
According to the report Britain's current infrastructure is inferior to many of its competitors such as France and it is damaging Britain's profitability. The authors predict the cost of repairing and replacing Britain's infrastructure will be around £500 billion by 2020 and in straitened economic times it is clearly going to be difficult to find this amount of money. Some of the radical suggestions for finding this amount include using money from ISA's and pension funds to address the likely shortfall. The authors also recommend setting up an infrastructure bank as has been done in Australia, Germany and Ireland.