Press Release

Balfour Beatty response to Autumn Statement

29 November 2011


Balfour Beatty Chief Executive Ian Tyler today welcomed UK Chancellor George Osborne’s commitment to reduce government borrowing, while boosting Britain’s infrastructure investment.

“There are clearly some ambitious targets here and it is obvious the government has heeded those of us who have consistently argued that long-term investment in public infrastructure serves as a route to lasting recovery,” said Mr Tyler.

“We note the Chancellor’s comments on up to 100 new schools and his plans for roads and rail schemes. We must study the detail and ensure that the plans are not only workable, but realistic.

“One important point has to be the promised help for small and medium enterprises which have been crying out for effective support. These are the core of our supply chain and we want these businesses to succeed and grow.”

Mr Tyler added: “Finally we share the Chancellor’s determination to give young people out of work a chance to make a real start, and with a clear pipeline of work we stand ready to help turn that vital goal into action.”

Media enquiries:
Tony Maguire
Balfour Beatty plc
Tel 020 7216 6865

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