Just 1 in 100 government infrastructure projects completed

Less than one in 100 of the coalitions infrastructure projects are finished, according to figures which will be put to the government by Labour tomorrow.

The coalition has failed to invest in infrastructure and just one in 100 projects have been completed, according to a new analysis of government data.

Just seven of the 576 infrastructure projects (1.2 per cent), including things like roads, rail, nuclear, offshore wind and broadband have been ‘completed’ or ‘operational’, according to figures Labour will present to the government tomorrow.

Of those projects that are finished, most are road schemes which were started under the previous government.

Just 18 per cent of the  coalition’s infrastructure projects have been started or are ‘in construction’ or ‘under construction’.

Tomorrow Labour will accuse the government of reducing capital investment to a level that is £12.8 billion lower than the plans George Osborne inherited from the previous government.

“They slashed infrastructure investment by £12.8 billion compared to the plans they inherited, which even Nick Clegg has admitted was a mistake,” said Labour’s shadow chief secretary to the treasury Rachel Reeves MP.

“Now is exactly the right time to be making these investments. Not only would it help to kick-start our flatlining economy and get construction workers back to work, it will also make our economy stronger and more productive for the future,” she added.

Labour will also call on the government to build thousands of affordable homes.

Figures released at the end of last year revealed that starts for affordable home ownership were down 80 per cent from 3,197 to 629 since 2010, while starts for social rent were down 95 per cent (see graph).

Affrodable homes

As you’re here, we have something to ask you. What we do here to deliver real news is more important than ever. But there’s a problem: we need readers like you to chip in to help us survive. We deliver progressive, independent media, that challenges the right’s hateful rhetoric. Together we can find the stories that get lost.

We’re not bankrolled by billionaire donors, but rely on readers chipping in whatever they can afford to protect our independence. What we do isn’t free, and we run on a shoestring. Can you help by chipping in as little as £1 a week to help us survive? Whatever you can donate, we’re so grateful - and we will ensure your money goes as far as possible to deliver hard-hitting news.

9 Responses to “Just 1 in 100 government infrastructure projects completed”

  1. LB

    Shows why government and investment are a crap idea.

    So why are MPs calling for ‘government investment’?

    Backhanders is one explanation. Get lots of public money, then get onto the board for the kickback.

  2. Kitaj

    Meanwhile, communities are being devastated by road projects that have been deemed as “poor value for money” (DfT) that the Government are rushing to build but are unwanted, unproductive eyesores. £100million of taxpayers money is going to build a completely useless three mile stretch of road in East Sussex, through ancient woodland, flood plain and historical sites, that is unwanted by the community and simply a vanity project for the County Council and its retiring Tory leader (awarded a CBE in the New Year’s Honours, presumably for services to the environment. Not.) for no reason at all. As Cybil said to Brian Fawlty, “You just can’t get it right, can you?”

  3. Newsbot9

    No, it just shows that your Tories are incompetent. And I see, that’s your latest tactic is it? Thanks for confessing.

  4. John Davidson

    Our local Owebamaville project went bankrupt last year after the stimulus ran out its now up for sale on the private market. This project was turning a farm into a supposed industrial park for green jobs. The only thing ever done was about 1/2 mile of blacktop road and a street sign that said FIELD OF DREAMS road! Then the biggest green facility in tennessee where they were going to make solar cells after 1 billion dollars was promised and 1500 jobs was within 12 months of completion and they came in 5 months ago and shut all construction down and fired everybody!

    Green government jobs………..What a bunch of propaganda! Talk about unsustainable without more printed dollars. ehh

  5. LB

    Well, its your pension money. The state has 5,300 bn of pensions debts hidden off the books.

Comments are closed.