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1138657
registered interest false more like this
date less than 2019-07-12more like thismore than 2019-07-12
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Infrastructure: Capital Investment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how much money from the public purse has been spent on infrastructure in each year since 2010. more like this
tabling member constituency Hitchin and Harpenden more like this
tabling member printed
Bim Afolami more like this
uin 276591 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-19more like thismore than 2019-07-19
answer text <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> more like this
answering member constituency Newark remove filter
answering member printed Robert Jenrick more like this
question first answered
less than 2019-07-19T11:15:18.533Zmore like thismore than 2019-07-19T11:15:18.533Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4639
label Biography information for Bim Afolami remove filter