UK infrastructure investment grows in ’23

UK market sector investment in infrastructure reached £13.8 billion in 2023, reflecting a 3.9 per cent increase from the previous year. This rise marks a continuation of positive trends in infrastructure investment, supported by increased funding in key areas such as telecommunications and mining.

The total net stock of market sector infrastructure also saw a modest increase, rising to £350.2 billion in 2023, up 0.3 per cent from 2022, marking a steady growth trend since 2020, with an average annual increase of 0.2 per cent in net stocks, demonstrating a consistent commitment to maintaining and expanding the UK’s infrastructure base.

Attribution: The Office for National Statistics (ONS).