✓ Passed into LawLords
UK Parliament · Bill
UK Infrastructure Bank Act 2023
Summary
This Act establishes the UK Infrastructure Bank, a government-backed organisation that lends money and provides investment to support major infrastructure projects. It aims to help build and improve essential services like transport, energy, and internet across the UK.
A vote to support means
- —Supporting this Act means backing the creation of a UK Infrastructure Bank that helps fund major projects like roads, railways, broadband, and green energy across the country. Supporters believe it will create jobs, improve public services, and help Britain compete economically by investing in things we all rely on.
A vote to oppose means
- —Critics worry the bank might favour wealthy areas over poorer regions, or that it could be used for political purposes rather than genuine need. Some also question whether it represents good value for taxpayers' money compared to other ways of funding infrastructure.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading12 Jul 2022
- 2nd reading1 Nov 2022
- Committee stage22 Nov 2022
- Report stage1 Feb 2023
- 3rd reading1 Feb 2023
Lords
- 1st reading11 May 2022
- 2nd reading24 May 2022
- Committee stage14 Jun 2022
- Report stage4 Jul 2022
- 3rd reading11 Jul 2022
Royal Assent23 Mar 2023
Full Bill Description(click to expand)
No description available