The Confederation of British Industry on Monday said the government should kickstart investment in infrastructure.
The business lobby said public fund should be used to spark a rise in the credit ratings of infrastructure projects, which would ultimately bring private financing.
Pension funds and other wealth funds, which invest only in top credit rated projects will start to invest in infrastructure projects once they receive rating upgrade.
About GBP 50 billion of public money that the Treasury has pledged for infrastructure investment can unlock GBP 250 billion required to fund 500 projects.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.