Public sector finances are under strain, so that private sector investment needs to be brought in – whether that be to deliver new municipal buildings like hospitals and schools, new railways and roads or to invest to digitise the delivery of public services. But this is not just about money – the public sector needs to work hand in glove with industry to deliver expertise, innovation and human resource capacity.
Regulated utilities also face a paradigm shift. With an unprecedented scale of investment required to transform how the UK supplies itself with energy and to upgrade our aging water infrastructure, policy-makers are seeking to reintroduce competition into the delivery of new infrastructure, driving efficiency, innovation and value for customers.