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UK businesses are concerned about the level of infrastructure investment in the UK, but seemingly less worried about current provision for high-speed broadband.

Just 26 per cent of companies surveyed by the Confederation of British Industry (CBI) described the UK as a favourable destination for infrastructure investment, with many raising concerns about the state of the nation's road, rail, energy and waste infrastructure.

But where broadband investment is concerned, the majority of companies appeared relatively satisfied – which can only be good news for the digital economy.

Some 73 per cent of respondents said they had witnessed an improvement in the quality of broadband networks over the last five years.

John Cridland, director-general at the CBI, commented that high quality infrastructure swings boardroom decisions when companies are looking where to invest, and "pays dividends in terms of future jobs and growth".

"The UK is still a long way down the international infrastructure league table and languishes behind key competitors," he stated.

"So, if we are serious about boosting exports - especially in emerging markets - and achieving sustainable growth, the government must put infrastructure investment firmly at the top of its agenda."

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