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Business leaders call for infrastructure investment
September 12, 2011 by creative · Leave a Comment
Business leaders have called on the government to invest more in re-developing Britian’s infrastructure. According to The Construction Index, a report published by the CBI and KPMG has urged officials to improve motorway and road links in order to better facilitate trade and to create new jobs for many skilled tradesmen , labourers and engineers. The report has shown that 58 per cent of businesses partnered by KMPG believe the UK’s infrastructure is worse than most other European countries. Last year, Britain was ranked 33rd on quality of infrastructure by the World Economic Forum’s Global Competitiveness Report – ahead of Slovenia, Tunisia and Cyprus. Competitor nations France and Germany, however, ranked 10th on quality of infrastructure, prompting business experts to speculate that British industries may be at a disadvantage and losing profit to well-connected Continental competitors. As a result, both CBI and KPMG have encouraged the government to invest in Britian’s road and rail networks.
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Business leaders call for infrastructure investment