UK seeking £50 billion infrastructure boost – report

Ministers are drawing up plans for a 50-billion-pound housing and road-building programme harnessing private sector money, a newspaper reported on Sunday.

The Sunday Times said the scheme would be the centrepiece of a growth strategy that the government will unveil alongside its autumn financial statement on November 29.

Spokesmen for the Treasury and the Department for Business, the two ministries working on the plans, declined comment.

Source: Reuters UK