The Budget 2020—infrastructure, housebuilding and planning announcements

The Budget 2020—infrastructure, housebuilding and planning announcements

Chancellor of the Exchequer, Rishi Sunak MP, delivered the Budget 2020 on 11 March 2020. We bring together the most important features for infrastructure, housebuilding and the planning regime.

The full text of the Budget 2020 is available here.

What are the Budget’s headlines for infrastructure?

The Budget commits the government to a total of £640bn of gross capital infrastructure investment, including:

  • investment of over £27bn in English strategic roads between 2020 and 2025, to be known as the second Road Investment Strategy (RIS2), to take forward schemes such as dualling the A66 Trans-Pennine road and upgrading the A46 Newark bypass, building a new dual carriageway and a two-mile tunnel in the South West to speed up journeys on the A303 and to remove traffic from the setting of Stonehenge, and building the Lower Thames Crossing
  • investment in urban transport of £4.2bn for five-year funding settlements for eight Mayoral Combined Authorities (in West Yorkshire, Greater Manchester, West Midlands, Liverpool City Region, Tyne and Wear, West of England, Sheffield City Region and Tees Valley), to support a range of schemes, to be determined by elected Mayors
  • £1bn for the Transforming Cities Fund, to deliver various local transport schemes by 2022–23, including a new Central Park Bridge in Plymouth, and a significant increase in the capacity of the Tyne and Wear Metro. It includes around £800m for bus and cycling infrastructure
  • funding of £5.2bn for flood defences between 2021 and 2027, and additional funding of £200m to help communities most at risk of flooding recover
  • investing £20m to develop the Midlands Rail Hub, progressing plans for a major programme of improvements to rail services across these regions
  • investment in electric vehicle charging infrastructure to ensure drivers are never more than 30 miles from a rapid charging station

A Carbon Capture and Storage (CCS) Infrastructure Fund

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About the author:
Sarah worked in planning departments at several city firms, including SJ Berwin, Wragge Lawrence Graham and Norton Rose Fulbright, before joining LexisNexis UK in January 2017. She has experience of planning and compulsory purchase law and regularly advised landowners, investors and developers on all planning law aspects, with a particular focus on large-scale development, regeneration and infrastructure schemes. Sarah also has considerable experience conducting planning-related legal proceedings.