In our Private Markets Outlook 2025, we outline why we expect direct lending and real estate debt to perform strongly; while in the UK, the new government’s Autumn Budget contained positive signals for infrastructure development.
Infrastructure outlook
Delivering the next generation of infrastructure required to decarbonise the UK economy whilst adapting to the long-term impacts of climate change requires creating entirely new markets and investment models.
The challenges faced by the UK’s first Labour government for almost 15 years, are familiar and interconnected: low growth, intense competition for global capital, and underinvestment in infrastructure. The erosion of the post-second world war global consensus, and resulting geo-political volatility, make resolving them harder. The proposed solutions, set out in the Autumn Budget, are familiar too: government funds for strategic investment, new bodies to direct and regulate it, and renewed focus on value for public money. Will it work?
You can now read the full whitepaper at the link below
