Labour is seeking to fight the next UK general election
on economic grounds. It will argue that its vision of
‘securonomics’, involving ambitious supply-side
reforms and greater state intervention in sectors of
national importance, is an answer to the UK’s sluggish
To achieve this, Labour is targeting increased
infrastructure investment – planning reforms are a
priority. While this is essential to the party’s economic
goals, passing reforms may prove difficult.
Labour sees a greater role for the state in co-financing
and shaping investment in key sectors. It would create
planning documents setting out the infrastructure
investment each area needs, then work to co-finance
investments, with the private sector providing the
majority of funding.
Labour’s reforms are extremely ambitious and will
require government to become rapidly more adept at
handling large infrastructure projects than it has
demonstrated in recent years. For a party that has
been out of government for over a decade, this will be
extremely difficult, with high delivery risks.