CHANCELLOR GEORGE OSBORNE SPOKE OF INFRASTRUCTURES

                                                                              IS IT ANOTHER MIRAGE?  OR WAS HE

  TALKING ABOUT THE HS2?

Chancellor George Osborne gave again a great speech at the Nation Railway Museum at York, of all places. Let’s hope all his promises come true.

He has new plans now and will establish a National Infrastructure Commission. Another body which will have to be paid for by the taxpayers.

Mr Osborne said: “We haven’t done enough of that in our country in the past. And as a result British people have to spend longer than they should getting to work:  they pay more than they should in energy bills: they can’t buy the homes they want, all because of the failure of successive government and the society that elects those government – to think long terms.”

Sounds impressive but when you look at it, it was Thatcher who ruined the country and ended up with five million unemployed. Labour pulled it out of the mud and now we have Tories again running the country into a standstill with their endless cuts.

George Osborne added:” That has started to change. New railway links are being laid, new roads are being built and new broadband is being installed. Britain has rediscovered it’s ambitious and we are thinking big again.”

The only project most probably will succeed is the Tory’s beloved H2S

If he meant what he said why was the £36billion modernisation project of the Northern Railways cancelled?

The commission will oversee a ‘promised’ £100billion spend by 2020.

Their priority will be linking big northern cities with London. Doesn’t it smell of H2S?

George Osborne had a 5.4 percent fall in infrastructure project investment since he became Chancellor in 2010. He announced several sales of assets to finance the bill of the projects.

The National Infrastructure Commission will work independently in areas like Transport, Energy, communication and Flood defences.  It will collect evidences and issues reports.

Labour’s Shadow  Chancellor John McDonnell said that while he supposed to establish of a commission, it would be ineffective unless the government commits the necessary funds to infrastructure projects.

Andrew Andonis will be head of the commissions and Michael Hesseltine.

Mr McDonnell added: “But the reality- you can set up these commissions but unless you commit the finance of the projects themselves they’ll simply produce reports that gain the dust of ministers’ shelves. That is the problem under George Osborne infrastructure spending has declined even further every year and his current Charter for Budget Responsibility is to decline even further we are just not matching our European competition, which means in the long run, we will not be able to compete in a global market.”