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Showing posts with the label Budget 2020: Chancellor Rishi Sunak to unveil £100bn spending spree on roads

Budget 2020: Chancellor Rishi Sunak to unveil £100bn spending spree on roads, railways, broadband and housing

Budget 2020: Chancellor Rishi Sunak to unveil £100bn spending spree on roads, railways, broadband and housing NewsColony RISHI Sunak will today unleash the biggest state building splurge in 65 years in a bid to rebuild left behind Britain. The Chancellor will dole out an eye-watering extra £100bn on new roads, railways, housing, broadband, and research. 2 Chancellor Rishi Sunak will announce a huge spending pledge of £100bn in his new Budget Credit: PA:Press Association The vast array of nationwide projects will start delivering on the PM ’s election promise to level up struggling parts of the country, he will tell MPs. Mr Sunak ’s spending spree takes the Government’s infrastructure investment total to £600billion between now and 2025. It was last night dubbed by the Treasury as “the most ambitious investment in infrastructure and innovation ever”, and pushes public investment to its highest levels in real terms since 1955. At the same time, the Chancellor will unveil a ...