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Spend the money now on shovel-ready schemes Spend the money now on shovel-ready schemes
(3 months later)
One of the justifications for the coalition's cuts is the pretence that they are needed to pay for more infrastructure projects (Editorial, 27 June). Yet the emphasis on new roads and HS2 will be cost-escalating and take money away from the kind of local infrastructure spending that would result in economic activity nationwide. This in turn could be fairly taxed and so get rid of the need for cuts, while helping rescue our flagging economy.One of the justifications for the coalition's cuts is the pretence that they are needed to pay for more infrastructure projects (Editorial, 27 June). Yet the emphasis on new roads and HS2 will be cost-escalating and take money away from the kind of local infrastructure spending that would result in economic activity nationwide. This in turn could be fairly taxed and so get rid of the need for cuts, while helping rescue our flagging economy.
Tens of billions spent on low-carbon infrastructure and affordable housing would generate jobs, business and investment opportunities in every city, town, village and hamlet in the UK. Making every building in the UK energy-efficient and repairing, maintaining and improving the public transport system could prioritise the use of UK manufacturers. A crackdown on tax dodgers would make billions available to pump prime such an initiative. The result would be a reduction in public debt through a programme that improves society, the environment and the economy – the very opposite of the present cuts.
Colin Hines
Convener, Green New Deal Group
Tens of billions spent on low-carbon infrastructure and affordable housing would generate jobs, business and investment opportunities in every city, town, village and hamlet in the UK. Making every building in the UK energy-efficient and repairing, maintaining and improving the public transport system could prioritise the use of UK manufacturers. A crackdown on tax dodgers would make billions available to pump prime such an initiative. The result would be a reduction in public debt through a programme that improves society, the environment and the economy – the very opposite of the present cuts.
Colin Hines
Convener, Green New Deal Group
• The enterprise minister, Michael Fallon, announcing £10bn of state guarantees for the nuclear power industry, explains: "This is big-scale financing, not available in the markets" (Report, 28 June). Bit of a turnaround from when public private partnerships were introduced in the 90s with the justification that only the market had access to that scale of funding. On the other hand it's consistent with the G4S/Olympics fiasco.
RE Cooper
Woodbridge, Suffolk
• The enterprise minister, Michael Fallon, announcing £10bn of state guarantees for the nuclear power industry, explains: "This is big-scale financing, not available in the markets" (Report, 28 June). Bit of a turnaround from when public private partnerships were introduced in the 90s with the justification that only the market had access to that scale of funding. On the other hand it's consistent with the G4S/Olympics fiasco.
RE Cooper
Woodbridge, Suffolk
• The British Geological Survey reports that the north of England could have up to 13 trillion cubic feet of shale gas underground (Report, 28 June). This government has stated that local communities could benefit by "sharing in this wealth", but no drilling permit should be issued without a cast-iron guarantee that the revenue is predominantly invested in the north on infrastructure, industry, especially manufacturing, and education. This potential bonanza must not be diverted to the south-east, nor, as North Sea oil revenue was, squandered on keeping million on the dole.
Alan Quinn
Prestwich, Manchester
• The British Geological Survey reports that the north of England could have up to 13 trillion cubic feet of shale gas underground (Report, 28 June). This government has stated that local communities could benefit by "sharing in this wealth", but no drilling permit should be issued without a cast-iron guarantee that the revenue is predominantly invested in the north on infrastructure, industry, especially manufacturing, and education. This potential bonanza must not be diverted to the south-east, nor, as North Sea oil revenue was, squandered on keeping million on the dole.
Alan Quinn
Prestwich, Manchester
• Having cut millions in public spending, the government has awarded the £1.4bn contract for building the rolling stock for the cross-London Thameslink rail route to Siemens, a German company, instead of keeping the work, the jobs and the money in this country (Report, 28 June). Is this a failure of joined-up thinking or is it economic, political and social suicide?
David Hurry
Hurstpierpoint, Sussex
• Having cut millions in public spending, the government has awarded the £1.4bn contract for building the rolling stock for the cross-London Thameslink rail route to Siemens, a German company, instead of keeping the work, the jobs and the money in this country (Report, 28 June). Is this a failure of joined-up thinking or is it economic, political and social suicide?
David Hurry
Hurstpierpoint, Sussex
• By announcing a £50bn capital investment programme for 2015-16, the government has recognised that an effective and efficient transport infrastructure is key to economic growth. While big ticket projects are important, modernisation and maintenance programmes can have a more immediate impact on the economy through the creation and retention of essential jobs. During London 2012, Thales UK, in partnership with London Underground, upgraded the Jubilee line. We urge Transport for London to press ahead with the modernisation of the rest of the network. It is critical that we see a real pipeline of projects announced to put confidence back in the sector and provide investors with reassurance that "shovel-ready" schemes are going ahead.
Alistair McPhee
Vice-president, Thales UK Ground Transportation Systems
• By announcing a £50bn capital investment programme for 2015-16, the government has recognised that an effective and efficient transport infrastructure is key to economic growth. While big ticket projects are important, modernisation and maintenance programmes can have a more immediate impact on the economy through the creation and retention of essential jobs. During London 2012, Thales UK, in partnership with London Underground, upgraded the Jubilee line. We urge Transport for London to press ahead with the modernisation of the rest of the network. It is critical that we see a real pipeline of projects announced to put confidence back in the sector and provide investors with reassurance that "shovel-ready" schemes are going ahead.
Alistair McPhee
Vice-president, Thales UK Ground Transportation Systems
• You report figures showing the growing risk of cycling on Britain's roads (Call for urgent action after rise in cycle deaths, 28 June). Yet that very day the Treasury announced £28bn of spending on the road network, without earmarking a single penny for cycling. The parliamentary Get Britain Cycling inquiry called for annual spending of at least £10 per person on cycling, noting that London's spending plans equate to £12.50 per person, while the Dutch spend £24. Outside London, England's spending levels still average below £2 per person. Yet cycling is good for our streets and communities, our local and global environments, our wallets and our waistlines. Can the same really be said of yet more road-building?
Roger Geffen
Campaigns & policy director, CTC, the national cycling charity
• You report figures showing the growing risk of cycling on Britain's roads (Call for urgent action after rise in cycle deaths, 28 June). Yet that very day the Treasury announced £28bn of spending on the road network, without earmarking a single penny for cycling. The parliamentary Get Britain Cycling inquiry called for annual spending of at least £10 per person on cycling, noting that London's spending plans equate to £12.50 per person, while the Dutch spend £24. Outside London, England's spending levels still average below £2 per person. Yet cycling is good for our streets and communities, our local and global environments, our wallets and our waistlines. Can the same really be said of yet more road-building?
Roger Geffen
Campaigns & policy director, CTC, the national cycling charity
• The announcement that the government will be committing £100bn to UK infrastructure projects is certainly a much-needed long-term boost for the construction industry. But it will not benefit the industry for at least two years. The sector needs growth now. ONS figures and the Construction Industry Training Board's own labour market intelligence report show that the UK output fell 9% last year and is unlikely, without help, to attain 2007 levels until 2022; 60,000 construction jobs were lost in 2012 with 45,000 expected to go this year. "Shovel-ready" projects in the repair and maintenance sector should be receiving similar investment. Every £100m invested in repair and maintenance takes 3,200 workers off the dole. Yes, funds are tight but better to invest for growth than spend £8.1bn maintaining these same people out of work.
Judy Lowe
Deputy chairman, CITB
• The announcement that the government will be committing £100bn to UK infrastructure projects is certainly a much-needed long-term boost for the construction industry. But it will not benefit the industry for at least two years. The sector needs growth now. ONS figures and the Construction Industry Training Board's own labour market intelligence report show that the UK output fell 9% last year and is unlikely, without help, to attain 2007 levels until 2022; 60,000 construction jobs were lost in 2012 with 45,000 expected to go this year. "Shovel-ready" projects in the repair and maintenance sector should be receiving similar investment. Every £100m invested in repair and maintenance takes 3,200 workers off the dole. Yes, funds are tight but better to invest for growth than spend £8.1bn maintaining these same people out of work.
Judy Lowe
Deputy chairman, CITB
• Expenditure on infrastructure is welcome (Capital catch-up, 28 June) but there needs to be productive activity at the ends of the roads and railways. Support of innovation in advanced industries is also welcome but the country also needs basic industries that employ people with good skills .• Expenditure on infrastructure is welcome (Capital catch-up, 28 June) but there needs to be productive activity at the ends of the roads and railways. Support of innovation in advanced industries is also welcome but the country also needs basic industries that employ people with good skills .
Mass production of textiles is the easiest industry for a country that needs to redevelop its manufacturing base. With wages rising in China, increasing transport costs, and benefits from production close to the fashion markets, textile production in the UK can be competitive again. Not only would this reduce imports but it could also exploit the talents of the UK's creative textile designers in an export market.Mass production of textiles is the easiest industry for a country that needs to redevelop its manufacturing base. With wages rising in China, increasing transport costs, and benefits from production close to the fashion markets, textile production in the UK can be competitive again. Not only would this reduce imports but it could also exploit the talents of the UK's creative textile designers in an export market.
John Hearle
Emeritus professor of textile technology, University of Manchester
John Hearle
Emeritus professor of textile technology, University of Manchester
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