Election Result could delay major UK infrastructure projects

“Ultimately I think the result will have some knock-on effect to the infrastructure industry. The result is going to breed uncertainty – both in terms of Brexit and what policies will be in place around austerity and spending. the likely outcome is that major capital projects such as HS2 and Heathrow will likely not be shelved as too much is invested already, but certainly have delays. Most major projects have some level of investment, either from the EU, or from foreign companies. The uncertainty in our economy will then make investing this way riskier, so mean that major capital projects will likely take a hit.

In terms of the day-to-day budgets for councils and Highways England its more difficult to say as it will come down to how the economy performs, and what level of appetite there is to pump money into the NHS and welfare. If that happens (which seems likely given the public feeling on such major topics) then could mean decreases for transportation & highways.