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Britain should seek to lead the world in harnessing the emerging technologies that can make our lives easier and our economy more productive. This study will consider how we make that happen.
Economic infrastructure (transport, energy, flood defences, water, waste, and digital communications) is crucial for the economy and for people’s daily lives. The government has put infrastructure at the heart of its economic strategy and has set up the National Infrastructure Commission (NIC) to provide expert advice on the country’s strategic infrastructure needs and independent recommendations on how to meet them. At Spending Review 2015, the government announced it would increase transport spending by 50% to invest £61 billion in this Parliament. Including the additional investment provided by the NPIF, annual central government investment in economic infrastructure will increase by almost 60% from £14 billion in 2016-17 to £22 billion in 2020-21.13
Investment will support the private sector to roll out more full-fibre broadband by 2020-21. Funding will also support trials of 5G mobile communications.
The European Communities Act will be repealed on the day we leave the EU – meaning that the authority of EU law in Britain will end. We will convert the body of existing EU law into domestic law and then Parliament will be free to amend, repeal and improve any law it chooses. More information on the Great Repeal Bill is below.
The UK Government’s decision to focus on infrastructure spending means that the Scottish Government’s budget will increase by more than £800 million through to 2020-21, giving it even greater spending power to boost productivity and promote growth in Scotland, all while supported by the broad shoulders of the UK.
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