Chancellor announces road and rail investment programme

GEORGE OSBORNE announced “the largest road investment programme since the 1970s” after increasing transport capital spending by 50%.

The Department for Transport also claimed “the largest programme of rail investment since Victorian times” as it confirms it is to start the construction of High Speed 2 in this Parliament, with it timetabled to arrive in Birmingham by 2026 then Leeds and Manchester by 2033.

£61bn will now be available for a range of infrastructure improvements that also include pr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...