The Investment Plan
The Plan sets out priorities for investment over the next ten years across a wide range of projects and programmes – starting with public services and progressing towards our net zero commitment.
The Investment Plan 2024–2034 has three strands:
Deliver:
Deliver on commitments already underway or agreed.
Stabilise:
Stabilise existing infrastructure by focusing on critical maintenance.
Transform:
Meet our climate and environment obligations.
The Plan at a glance:
£29bn
Total capital invested, of which £26bn will be publicly funded.
50%
increase of almost 50% compared to the last decade
£13,000
equivalent investment per person in infrastructure
Over the next ten years:
All of the major infrastructure sectors will see increased investment, with health, education, housing, roads and water all benefiting significantly.
We will triple our previous investment in active travel and public transport.
Investment in agriculture and the environment will rise substantially.
Our City and Growth Deals will support greater investment in regeneration, business and innovation.
Investment Plan 2024–2034 (£25.8bn)
*Figures are in billions and are based on cost estimates provided by departments at 2024/25 prices. Difference due to rounding.
Aligning The Plan to Our Objectives
Infrastructure achieves complementary outcomes for a wide cross-section of our citizens and it also supports resilient public services. This means that the Plan and its proposals are not solely aligned to one of the three Strategic Objectives, but to more than one.
There is insufficient funding to fulfil many competing infrastructure needs and demands over the next ten years. Therefore the Investment Plan prioritises proposals that are expected to optimise outcomes for our economy, society, and/or environment.
Alignment of the Plan to the Investment Strategy Objectives
(£bns of Public Investment)
Download
full report
