The Chancellor has given the go-ahead for new train, bus and tram links across the country, with £15.6bn promised for local transport projects for England’s city regions between 2027 and 2032.
And, after years of uncertainty, the Chancellor has announced that the proposed Sizewell C nuclear power station in Suffolk will be built with £14.2bn of Government cash.
It brings the total amount pledged on longer-term capital investment projects, which differ from the day-to-day spending allocations of individual Government departments, to £113bn.
Reeves pledged the “largest settlements in real terms since devolution was introduced” promising “£52bn for Scotland, £20bn for Northern Ireland by the end of the spending review period, and £23bn for Wales”.
“I have made my choices. In place of chaos, I choose stability. In place of decline, I choose investment. In place of pessimism, division and defeatism… …I choose national renewal. These are my choices. These are Labour’s choices. These are the choices of the British people.”
New projects coming to an area near you – mapped (Photo: The i Paper)Around £2.1bn will be provided to the Mayor of West Yorkshire, Tracy Brabin, to start building the West Yorkshire Mass Transit system by 2028, with the aim of first services by the mid-2030s. There will also be new bus stations at Bradford and Wakefield.
Reeves announced what HM Treasury has described as the “largest multi-year settlement for London in over a decade, with £2.2bn of funding between 2026-27 and 2029-30 for Transport for London’s capital renewals programme”.
A further 3.5bn will also go towards the Transpennine Route Upgrade, which the Government says will “reduce the journey time for commuters travelling between Manchester and Leeds by a quarter”.
Total pledged for each region
The Chancellor wants her spending review to benefit ‘people all over our country’
Funding will also help pay for a fully electric Bee Network, planned for 2030, including bikes, trams and 1,000 new buses.
square IAN DUNT Rachel Reeves was right - now it's time to give her some credit
Read More
Cash will also be used to buy a new fleet of buses for the city region’s franchised bus network, beginning with St Helens and the Wirral in 2026 and then Sefton, Knowsley, North and South Liverpool in 2027.
Tory mayor Ben Houchen of the Tees Valley will receive £1bn, of which £60m will be spent on the Platform 3 extension at Middlesbrough station.
And the East Midlands will receive £2bn for a new mass transit system to connect Derby and Nottingham, encompassing road, rail and bus improvements across the Trent Arc corridor.
Read More Details
Finally We wish PressBee provided you with enough information of ( Every new project coming to the UK from nuclear to trains – mapped )
Also on site :