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 south-eastUK politics live – latest updatesBusiness live – latest updatesRachel Reeves is preparing to announce billions of pounds 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...

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