Legal News

Growth Plan 2022—key Construction announcements

Published on: 23 September 2022
Published by LNB News

LNB News 23/09/2022

Document Information

Issue Date: 23 September 2022

Published Date: 23 September 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Chancellor of the Exchequer, the Rt Hon Kwasi Kwarteng MP, delivered an emergency budget on 23 September 2022, entitled the ‘Growth Plan 2022’. The Growth Plan contains measures aimed at increasing economic growth across the UK by providing for accelerated infrastructure projects, aiming to start the vast majority of construction by the end of 2023, and newly created investment zones to drive growth and unlock housing in interested areas, which will benefit from tax incentives, planning liberalisation, and wider support for the local economy.

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