This is the kind of spending that should increase UK productivity.
But how does this sit with the current unfunded tax cuts and high debt levels? Something else for the OBR to factor in?
Quote:
Liz Truss pledges to reverse big cuts to key rail scheme in northern England
UK prime minister said Northern Powerhouse Rail would be built in full between Liverpool and Hull via Bradford
Liz Truss has pledged to reverse the decision to dramatically scale back the government’s flagship rail scheme in the north of England.
The prime minister said on Monday she would commit to a new high speed line spanning the entire width of northern England between Liverpool and Hull. This would include a stop in Bradford, a city with some of the worst public transport connections in the UK, which was controversially axed by the Boris Johnson government as part of a cost-saving drive almost a year ago.
Truss said the long-promised project, known as Northern Powerhouse Rail, would see a “full new line” built from Liverpool to Hull via Bradford. “I’m very clear about that,” she told ITV.
The Johnson administration was heavily criticised by local politicians and business leaders for cutting back NPR and parts of the HS2 high-speed project between London and the north to save money when it announced a £96bn investment known as the Integrated Rail Plan in November last year.
|
http://12ft.io/proxy?q=https://www.f...5-a5a37bd22c48