Spending Review: Colossal £25bn for HS2 eclipses other transport pledges Transport and infrastructure HS2’s colossal funding package eclipses all other railway investment pledges that Chancellor Rachel Reeves announced in her Spending Review. Reeves pledged £3.5bn investment into the Transpennine route upgrade and £2.5bn for East-West rail as part of the Spending Review. The Chancellor also set out plans to “take forward” the UK’s ambitions for Northern Powerhouse Rail, [...]
Spending review: Rachel Reeves pledges £15.6bn for regional transport Politics The government has made its biggest spending announcement since Labour’s drubbing at the local elections in May, with a pledge from Chancellor Rachel Reeves to double investment in local transport over the next five years. A £15.6bn cash injection will form a major pillar of the 11 June spending review, which the Treasury says would [...]
Leeds-upon-Thames? How the West Yorkshire heartland is luring British institutions away from London Business Over the past few years Leeds has emerged as a go-to destination for British institutions looking to venture beyond the M25. Since 2018 Channel 4, the Bank of England, the Financial Conduct Authority and the UK Infrastructure Bank have all opened hubs or expanded their presence in the city, adding hundreds of new jobs and [...]