Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the cost-effectiveness of the Government's spending on infrastructure since 2010.

In 2010, the government launched the Infrastructure Cost Review seeking to improve the cost effective delivery of infrastructure projects and programmes. In 2014, the Cost Review reported savings of around 15% - worth around £3billion per annum - by addressing a number of drivers of high costs. But more can and is being done, working closely with infrastructure clients from public and private sectors to continue to bear down on costs and improve delivery performance.