And the greatest danger of all, giventhat most education and health spending goes on pay, may be that much of the extra money provided as a result of the comprehensive spending review ends up in the wallets of the teaching and medical professions, without much in the way of service improvement to show for it.
"Otherwise, given the considerable upfront investment that is required, there is a dangerthat planning risks will deter investment and developers will seek alternative locations in the UK and overseas, " it says.