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Industry experts have criticised the delayed boost in infrastructure spending, which will not come into effect until 2015-16.

The government will from that financial year, paid for by cuts in departmental current spending.

The Civil Engineering Contractors鈥� Association (CECA) called it a 鈥渏am tomorrow鈥� budget, while the RICS, PwC, WSP, Pinsent Masons and ICE all criticised the late timing and limited extent of the funding.

CECA director of external affairs Alasdair Reisner said: 鈥淭he Chancellor rightly describes the UK鈥檚 infrastructure as the 鈥渆conomic arteries鈥� of the country, and that investment in the sector will 鈥済et growth flowing鈥� to every part of the country.

鈥淐ECA believes that the Chancellor has arrived at the correct diagnosis, but has yet to administer a cure.鈥�

Simon Rubhinson, the RICS鈥� chief economist, said the government had 鈥渓argely failed鈥� to boost smaller infrastructure projects that would 鈥渜uickly deliver great benefits鈥�.

He added: 鈥淎cross the regions and the nations it鈥檚 the smaller repair, maintenance and upgrade projects which can be picked up by medium and small construction businesses.

鈥淩ail maintenance and school refurbishment are just two areas where a small amount of capital investment would quickly deliver great benefits.鈥�

However other organisations 鈥� including engineer Atkins and the Electrical Contractors Association 鈥� gave the infrastructure boost an unfettered welcome.

Full reaction to the 2013 Budget .