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.

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​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, Politics, England, UK news, Public finance, Society Business | The Guardian

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