Chancellor George Osborne will today insist better infrastructure is vital to improve the lives of British people as he commits to £100 billion of spending in this Parliament for new roads, rail, flood defences and other vital projects.

Launching the new National Infrastructure Commission, led by former Cabinet minister Lord Adonis, the Chancellor will set out plans to ‘get Britain building’, saying that infrastructure will be at the heart of next month’s Spending Review.

In his statement, he will pledge £100 billion in infrastructure spending by 2020 – including full funding for the £15 billion Roads Investment Strategy.

A suite of asset sales which the Treasury expects to raise billions of pounds is being identified to be ploughed back into infrastructure projects, with more details to be announced at the Spending Review.

Speaking at the National Railway Museum in York alongside Lord Adonis, the Chancellor will also confirm the hugely experienced group who will make up the independent National Infrastructure Commission – the new independent body that has been set up to determine Britain’s infrastructure priorities and hold governments to account for their delivery.

The commissioners are:

• Lord Heseltine – the former deputy prime minister who has long championed the regeneration of Britain’s inner cities through infrastructure investment
• Sir John Armitt – the former chair of the Olympic Delivery Authority, and next year’s President of the Institute of Civil Engineers
• Professor Tim Besley – a former member of the Bank of England’s Monetary Policy Committee and the LSE’s Growth Commission, which recommended an independent infrastructure body
• Demis Hassabis – artificial intelligence researcher, neuroscientist and head of DeepMind Technologies
• Sadie Morgan – a founding director of dRMM Architects and Design Panel Chair of HS2
• Bridget Rosewell – a senior adviser at Volterra and former Chief Economist and Chief Economic Adviser to the Greater London Authority
• Sir Paul Ruddock – chairman of the Victoria & Albert Museum and the University of Oxford Endowment

The commission will produce a report at the start of each five-year Parliament, offering recommendations for priority infrastructure projects.

Its initial focus will be in three key areas. These are:

• northern connectivity, particularly identifying priorities for future investment in the North’s strategic transport infrastructure to improve connectivity between cities, especially east-west across the Pennines
• London’s transport system, particularly reviewing strategic options and identifying priorities for future investment in large scale transport improvements – on road, rail and underground – including Crossrail 2
• energy, particularly exploring how the UK can better balance supply and demand, aiming for an energy market where prices are reflective of costs to the overall system

CECA: Infrastructure Commission will drive delivery of world class projects

The Civil Engineering Contractors Association has welcomed the announcement - commenting, CECA Chief Executive Alasdair Reisner said:

“CECA warmly welcomes the appointment of the commissioners to their posts. The announcements to date reflect the wide range of expertise from within industry and the policy making sphere and will provide a good balance of perspectives to deliver a credible plan for the future.

“We have long called for a long-term strategy to ensure the UK’s infrastructure truly meets the expectations of business and the general public, and we welcome the establishment of the National Infrastructure Commission and today’s expert appointments which will deliver world class projects across the UK.

“The Commission will be able to analyse the strategic opportunities and challenges facing the UK, identify the best way to respond, and then ensure projects are delivered on time and on budget.

“The construction industry welcomes today’s announcements and looks forward to supporting the Commission over the coming years."