answer text |
<p>The Budget and Spending Review in October 2021 confirmed a total £100 billion of
investment in economic infrastructure over the Spending Review period to benefit every
part of the UK.</p><p> </p><p>The new UK Infrastructure Bank also opened for business
in June 2021 and is partnering with the private sector and local governments to increase
investment in infrastructure. With £22 billion of financial capacity, the Bank has
already successfully supported three loans, including two private sector loans, investing
in offshore wind, solar energy, and broadband.</p>
|
|