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IfG Events

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

Jul 23, 2024
The discussion dives into the urgent need for the UK government to rethink its capital spending on vital public services like education, healthcare, and prisons. It highlights misallocation of budgets leading to deteriorating facilities and emphasizes a strategic, multi-year approach to enhance service delivery. Experts advocate for decentralization and innovative funding models, while also stressing the importance of integrating community needs into planning. The conversation also evaluates the complexities of social infrastructure investment and the necessity for long-term financial commitments.
01:07:49

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Quick takeaways

  • The UK's public services suffer from chronic underinvestment and mismanagement of capital spending, resulting in deteriorating infrastructure and resources.
  • A shift towards developing long-term strategic plans for capital investment is essential to address future maintenance and service demands effectively.

Deep dives

The Need for Rethinking Capital Spending

Current public services in the UK face significant challenges due to insufficient and poorly managed capital spending. The evidence highlights issues such as leaking roofs in NHS hospitals and deteriorating conditions in schools and prisons. These problems stem from a longstanding trend of low investment in public services, consistently falling below the international average. Addressing these issues requires a strategic shift in how capital spending is approached by the government, especially in light of recent election discussions surrounding public service failures.

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