Impact of Brexit on UK Infrastructure

Infrastructure Update

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It’s been almost eight months since the EU referendum in the UK resulted in the Government’s decision to trigger Article 50 of the Treaty of the European Union commencing formalities to exit the EU. In a short space of time, the UK has faced an unprecedented change in its political landscape, including the replacement of infrastructure champion George Osborne at the helm of HM Treasury and a new Prime Minister in Theresa May.

At the same time, spending in UK infrastructure has fallen significantly since the EU referendum, as the construction and infrastructure industry faces uncertainty both in terms of the UK projects pipeline and the investment landscape. It is feared that significant projects which held favour with the previous Cabinet may experience delays in the face of such economic uncertainty. Recently, the Government’s White Paper on the UK’s exit from and new partnership with the European Union was published to allay concerns and provide some transparency on the UK Government’s agenda for Brexit.

Click below to download our report, where we analyse the potential and actual impact of Brexit on UK infrastructure through the following key areas:

  • The Legal Framework - Post Brexit
  • Funding Availability and Accounting Treatment
  • Availability of Labour and Materials
  • What does it mean for existing Infrastructure Contracts
  • The Outlook for UK Infrastructure