The following article is the sixth of several excerpts that will appear in i3 from U.K. Infrastructure Investment and Finance from a European and Global Perspective. The report with footnotes and references is available at www.georginderst.com or the SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2972704. This study provides an overview of the financing of infrastructure investment in the United Kingdom in a European, global and historical context. The sixth excerpt from the report focuses on infrastructure policy in the United Kingdom.

Despite wide-ranging privatization, the U.K. government still plays a key role in infrastructure in several ways, e.g., by setting the national policy framework, shaping the regulatory system, providing funding, privatizing assets, procuring projects, and by acting as the authority in licensing and concession regimes and as a partner in P3s. Some obser