Transport & Infrastructure
Our Transport and Utilities Infrastructure has suffered from under investment and lack of joined up thinking. Much of it has been sold to overseas investors. Around 70% of water companies and 80% of our gas power stations and offshore wind farms are foreign owned, together with 100% of our nuclear power stations which are owned by EDF of France.
Overseas shareholders get richer while prices have soared and the cost of living crisis rages. The regulators have been asleep at the wheel. Our infrastructure is crumbling. Risk of power cuts has increased. Raw sewage is pumped into our seas. Economic productivity has been damaged. We have given up control over much of our critical infrastructure, meaning national security is at risk.
Critical reforms needed in the first 100 days:
Scrap HS2.
Save £25 billion by scrapping the rest of this bloated vanity project.
Stop the War on Motorists.
Legislate to ban all ULEZ and Low Traffic Neighbourhoods. We will scrap bans on selling petrol and diesel cars and scrap legal requirements for manufacturers to sell electric cars.
Accelerate Already Announced Transport Infrastructure.
Focus on the North.
Thereafter:
Tighter regulation and new ownership model for Critical National Infrastructure. Consumers have been ripped-off and failed by weak regulators. Launch a new model that brings 50% of each utility into public ownership. The other 50% would be owned by UK pension funds, benefiting from new expertise and better management. This is a win win situation.
Integrated Transport Infrastructure.
Launch a national database for councils, contractors, government and utilities to ensure coordination of projects. Less road works, waste and delays.
National Water Grid and Reservoirs.
The UK is at risk of water shortages. Build new reservoirs in high rainfall areas. Water can be stored and transferred to low rainfall areas when required. Stop the release of sewage into our rivers and seas.
A Single Government Infrastructure Funding Stream.
Overhaul and merge the National Infrastructure Commission and the Infrastructure Bank. Scrap all Net Zero related objectives. Simplify the funding process, save time, cut waste, boost funding and ensure accountability.