Chris Leslie MP, Labour’s Shadow Chief Secretary to the Treasury, responding to David Cameron and George Osborne’s announcements on infrastructure spending, said:   “We need action not words on infrastructure if we’re to get a  recovery built to last.   "Under David Cameron and George Osborne, despite multiple infrastructure plans and reheated announcements like today’s, infrastructure output in the economy is down more than 10 per cent.   "The Government’s overall infrastructure pipeline in December showed fewer than a quarter of projects ‘in construction’.   "We are seeing the lowest peacetime level of house building since the 1920s and more cuts are planned to capital spending next year.   "Investors need certainty and delivery, not just another load of warm words.”