17min chapter

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How can the government rethink the approach to public services capital spending?

IfG Events

CHAPTER

Capital Investment Challenges in UK Public Services

This chapter examines the trends and challenges of capital investment in UK public services, particularly in healthcare and education, while comparing it with other OECD countries. It highlights the historical decline in capital spending, budget misallocation, and underspending issues that exacerbate maintenance backlogs. The discussion emphasizes the need for a strategic, multi-year approach to capital investment to effectively address systemic inefficiencies and improve service delivery.

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