A 'Hard Brexit' where the UK leaves the Single Market and the Customs Union could throttle necessary private investment in major transport infrastructure, particularly in the expansion of Heathrow, Lord Adonis has been quoted as saying.
"These decisions on Brexit have a crucial bearing on infrastructure. Business will not invest for the long-term if they think Britain is going down the tube. It's as simple as that. The projects that will be most affected will be those that require immediate private sector investment - starting with Heathrow," The Guardian reported the chair of the National Infrastructure Commission as saying. He was setting out a timetable for action on transport schemes that need progressing, amid concerns that a hung Parliament and Brexit are causing inertia over controversial and complex schemes.
Tracey Boles, City AM news editor, commented yesterday: "Although the London hub was identified as suitable for expansion 14 years ago and a new strip was agreed in principle last year, the Government did not mention it in the Queen's Speech a week ago. Adonis is right that a firm decision should not be left idling on the runway."
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