Reeves Regional Investment Spending Was Announced by Tories 18 Months Ago

“The Chancellor more than doubles investment in local transport in England’s city regions, delivering the biggest ever investment over the next five years” shouted a triumphant Treasury press release yesterday, ahead of speech this morning by Rachel from accounts. The embattled Chancellor is on a regional tour ahead of the Spending Review, attempting to salve the anxieties of increasingly frustrated Labour MPs (many with tiny majorities)…

Reeves is expected to say: “a Britain that is better off cannot rely on a handful of places forging ahead of the rest of the country,” adding that the “result of such thinking has been growth created in too few places, felt by too few people and wide gaps between regions, and between our cities and towns.”[…] Read the rest