Rachel Reeves to announce billions in regional spending after Treasury rule changes

Extra investment lined up for schemes such as energy projects, roads and rails outside London and the south-eastRachel Reeves is preparing to announce billions of pounds’ worth of extra spending for areas outside south-east England at next month’s spending review, after rewriting Treasury investment rules.The chancellor will unveil the extra capital spending after a review of the Treasury’s “green book”, which determines how officials calculate the costs and benefits of a scheme. Continue reading...

Rachel Reeves to announce billions in regional spending after Treasury rule changes

Extra investment lined up for schemes such as energy projects, roads and rails outside London and the south-east

Rachel Reeves is preparing to announce billions of pounds’ worth of extra spending for areas outside south-east England at next month’s spending review, after rewriting Treasury investment rules.

The chancellor will unveil the extra capital spending after a review of the Treasury’s “green book”, which determines how officials calculate the costs and benefits of a scheme. Continue reading...