Reacting to the Chancellor’s spring budget announcement (3 March), David Thomson, head of external affairs at APM said:
“This budget was all about the difficult balancing act of investing for long-term whilst safeguarding the economy through the immediate COVID crisis. The success of this budget will be judged not just against tomorrow’s headlines but against the impact of sustained national and local delivery of major programmes of activity, and in particular: post-COVID recovery, a focus on levelling up and the need to deliver on Net Zero commitments. But these and other initiatives identified by the Chancellor will require investment in project delivery capacity and capability for a sustained period if they are to address successfully these and other emerging challenges.
“Good project outcomes require the right conditions for success. Any announcement of new initiatives must be matched by the capability and commitment to deliver them well, as the vaccine programme is demonstrating.”