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<p>Public sector net investment is set to reach levels not sustained in 40 years.
In addition, public sector gross investment, which is net investment plus depreciation,
helps to show the spending element of this. These figures include both economic and
social infrastructure, as well as spending on other areas classified as capital spending.
The latest figures from the Office for Budget Responsibility show that total public
sector gross investment was £79.6bn in 2010-11, £71.4bn in 2011-12, £75.9bn in 2012-13,
£68.7bn in 2013-14, £75.6bn in 2014-15, £74.2bn in 2015-16, £79.2bn in 2016-17, £83.7bn
in 2017-18 and £82.0bn in 2018-19. Public sector gross investment peaked around the
financial crisis due to Government intervention to support the economy. According
to the National Infrastructure Assessment carried out by the National Infrastructure
Commission in 2017, spending on economic infrastructure had risen from £12.4bn in
2012-13 to £18.7bn in 2016-17.</p>
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