Summary
Chancellor Rachel Reeves will announce a £15 billion investment in England’s transport infrastructure. The funds will go to tram, train, and bus projects in the Midlands, the North, and the West Country, with specific allocations for regions like Greater Manchester and the West Midlands to expand and improve their transport networks.
Key Facts
- Chancellor Rachel Reeves plans to allocate £15 billion for transport projects in England.
- The money is for improvements to trams, trains, and buses in areas like the Midlands, North, and West Country.
- Greater Manchester will receive £2.5 billion to expand its tram network.
- The West Midlands is set to get £2.4 billion for extending tram services from Birmingham.
- £2.1 billion will be used to start the West Yorkshire Mass Transit programme.
- Additional investments include £1.5 billion for South Yorkshire and £1.6 billion for Liverpool city region.
- The East Midlands will receive £2 billion to enhance road, rail, and bus connections between Derby and Nottingham.
- Changes in funding allocation rules aim to distribute growth more evenly across regions.
