£70bn Yearly Investment Needed for UK Infrastructure Overhaul, Report Finds
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UK infrastructure needs major investment in areas like public transport, home heating, and water networks.
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Recommended £30bn a year public investment and £40-50bn private investment.
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Would save households £1000+ a year, boost productivity and quality of life.
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Key recommendations public transport investment plus car restrictions in cities, no hydrogen for home heating, subsidies for heat pumps.
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Despite high upfront costs, will result in lower energy bills long-term through renewable energy.