c

A response on today’s Budget from Katy Dowding Skanska UK President & CEO

Press release 26/11/2025 18:07 CET
“It was great to see the Chancellor lead with her commitment to infrastructure investment and delivery. We have worked closely with the Treasury because infrastructure is the backbone of Britain's economic growth and so I welcome today's continued commitment to invest in not only projects but skills.
Katy Dowding, Skanska UK President & CEO

“Decisions made today carry both immediate and long-term consequences. Our sector is agile to change, we plan for it, and we await the detail that follows the Chancellor's speech. However, these measures can only be judged a success if investment is truly unlocked, political commitments are upheld, and pipeline guarantees are delivered.

“Now is the moment to turn words into action and lay the foundations for Britain’s future economic growth. We understand that industry needs to step up in terms of productivity, and that will be further enhanced by having pipeline certainty. Construction is the catalyst for this vision, we are ready to build, and so are our people. 

“My message to Rachel Reeves is that you don’t need to solve the problem of turning policy to delivery on your own. Industry and government can and must work together.”