A majority of UK companies are not convinced that energy infrastructure will improve over the next five years, despite a pressing need for investment in new networks that are cleaner and greener, according to a CBI survey.
In a survey of business views about the state of Britain’s infrastructure, the UK’s leading business group found that around two-thirds (67 per cent) of companies believe the UK’s energy infrastructure is unlikely to get any better.
Confidence is also ebbing away over improvements to Britain’s water, transport and building infrastructure. The survey of 568 businesses, conducted jointly by the CBI and professional services firm KPMG, found businesses were concerned improvements were not happening quickly enough and a lack of Government action on policy was holding up investment.