In his Autumn Statement, George Osborne announced a £30billion infrastructure package designed to stimulate growth and prevent the UK sliding back into recession. Indeed, with the British economy stalling and further austerity measures in the pipeline, unlocking a major new source of finance for capital investment is now a matter of urgency. The fact that the Treasury is currently investigating alternatives to the Private Finance Initiative for funding public infrastructure projects makes this challenge even timelier.
As part the New Economies, Innovative Markets workstream ResPublica seeks to influence this debate by considering a wide range of finance sources which could increase the number and scale of infrastructure and development projects in the UK. The debate will explore the best ways of financing infrastructural projects, with a specific focus on how land value capture can be used by government to stimulate local economic development.
The event is by invitation only and will be attended by a number of senior policy experts in localised finance and infrastructural growth. For further details contact firstname.lastname@example.org