New research from Lloyds Bank, unveiled at its Business Leaders’ Summit in London today (6/2/2017), has highlighted that UK business leaders believe that infrastructure improvements are essential if Britain is to continue to grow and capitalise on opportunities to be a centre for world-wide trade following Brexit.
Clare Francis, Managing Director, Global Corporates at Lloyds Bank Commercial Banking, applauded the emphasis on infrastructure improvements in the government’s draft industrial strategy, however commented: “Britain needs world class infrastructure in the UK to maintain its attractiveness as a modern and global hub”.
Seventy-seven boardroom executives from top UK companies identified digital infrastructure (61 percent), the rail network (51 percent) and energy (41 percent) as the main areas for infrastructure investment to improve productivity and help drive business growth.
Only 28 percent of executives identified aviation capacity as an infrastructure concern, following the Government’s decision to approve a third runway at Heathrow last year.
The study also showed that 78 percent of business leaders believed the government’s top post-Brexit priority should be to accelerate infrastructure spending to significantly improve inward investment into the UK.
Over half of executives commented that they would like to maintain access to skilled overseas workers, whilst 42 percent are hoping to develop trade outside of the European Union. A similar number of respondents commented that the government should prioritise reducing corporation tax to attract overseas investors.
The annual survey was conducted ahead of the Lloyds Bank Business Leaders Summit, now in its fifth year, which hosts more than 150 CEOs, CFOs and other senior leaders from the world’s largest corporate companies.
Cembrit has announced the launch of a new through-coloured cladding board with a sandblasted surface, Patina Rough.Posted in Articles, Building Industry News, Building Products & Structures, Cladding, Innovations & New Products, Posts, Walls
Sample timber fire doors from Ahmarra Door Solutions recently exceeded expectations when tested against regulations.Posted in Articles, Building Industry News, Building Products & Structures, Doors, Health & Safety, Research & Materials Testing, Security and Fire Protection
EverEdge was recently specified to provide edging and planters for a project for Cain International at Islington Square in London.Posted in Articles, Building Industry News, Building Products & Structures, Garden, Posts
Contour discusses maintaining LST radiators and ensuring that they are consistently meeting their expected potential.Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Heating Systems, Controls and Management, Posts