Article 6XMM2 Rachel Reeves to announce billions in regional spending after Treasury rule changes

Rachel Reeves to announce billions in regional spending after Treasury rule changes

by
Kiran Stacey Political correspondent
from Economics | The Guardian on (#6XMM2)

Extra investment lined up for schemes such as energy projects, roads and rails outside London and south-east

Rachel 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.

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