Big initiative to back infrastructure and growth

A £23bn National Productivity Investment Fund has been launched by Chancellor Philip Hammond to support spending on infrastructure and innovation to boost economic growth.

Although he steered clear of major projects, Mr Hammond focused on supporting smaller, local initiatives that can be implemented more quickly.

Mr Hammond said: "We choose in this Autumn Statement to prioritise additional high-value investment, specifically in infrastructure and innovation, that will directly contribute to raising Britain&rs... You can carry on reading 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...