Capital Investment

(asked on 30th January 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 29 January 2019 to Question 210499 on Capital Investment, if he will itemise the total cost for each capital project in (a) 2017, (b) 2018 and (c) 2019 whether fully or partially funded by central government.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 6th February 2019

As previously set out, HM Treasury and IPA do not centrally hold a complete set of funding allocations and cost data for individual capital projects, whether funded by central government or by the Devolved Administrations, or jointly. By the same token, HM Treasury and IPA do not have data on what proportion of funding for projects in the Devolved Administrations comes from central government and DAs’ own capital budgets. However, HM Treasury and IPA do publish aggregate capital spending allocations for departments and the Devolved Administrations, as well as more granular detail on infrastructure investment, for example in the recent Interim Response to the National Infrastructure Assessment at Budget 2018 and the National Infrastructure and Construction Pipeline in November 2018.

Aggregate capital spending allocations to departments and the Devolved Administrations in past years are published in Public Expenditure Statistical Analyses 2018 (p.26). Further regional breakdowns of capital spending by economic category, including for the Devolved Administrations, are published in Chapter 9 of the same document.

Aggregate capital spending allocations for future years to 2020-21 are published in the Budget 2018 document (p.23). The Government will set capital budgets beyond 2020-21 at the Spending Review. The Government will also publish further, more detailed information on infrastructure in the full response to the National Infrastructure Assessment later this year.

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