Given that infrastructure spending is, loosely speaking, defined as spending that is driven by governments, you could be forgiven for thinking that it would be hugely affected by the fallout from the general election. But it’s probably true to say that the economic and market impact of that uncertainty is more important than any differences in policy among the parties and within the Conservative-Lib Dem coalition now in power. This article first appeared as ‘Editor’s View: Shaky ground?’ in Corporate Financier, magazine of the ICAEW Corporate Finance Faculty, in June 2010.
Source: Business & Financial Management