JLL comments on infrastructure announcements made in Autumn Statement

Commenting on the Chancellor’s Autumn Statement, Simon Cullimore, director in JLL’s Leeds office, said:

“While details of the allocation are not yet know, we are naturally keen to see some of this local transport investment come to city.  Leeds operates with a very compact and increasingly congested inner core.  Investment is likely to help unlock development sites and promote economic growth.

“If the UK is to really address the challenges and opportunities of Brexit however, investment in infrastructure needs to be more ambitious as well as more focussed on an increasingly digital, hi-tech future.

“The package for the development of 5G and improving connectivity is overdue and necessary. Yorkshire is the largest county in England but it’s not just rural areas that suffer from this. Connectivity is increasingly becoming a key driver of location choices for business and we cannot afford our digital infrastructure to lag behind.”