Rachel Reeves to develop an infrastructure plan in the UK for 10 years

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This week, Rachel Reeves will announce what you claim will be a 102 billion pounds of infrastructure for a period of ten years for Britain, starting with a new program to repair deteriorating bridges, bridges and tunnels.

The counselor’s allies say it will adhere to an increase Infrastructure The budget of at least 725 billion pounds over the next decade, a prior part of the capitalist budget before reviewing the upcoming spending in 2027.

Reeves’s priority will be to accelerate projects that achieve quick results, as she tries to take advantage of the increase in capital spending in political profits before the upcoming elections, which must be held by the summer of 2029.

One of the elements will be a new “structure box” with allocating 1 billion pounds to improve and repair transport infrastructure, including enhancing bridges so that they can take shipping, heavier charging and cultivation.

The infrastructure plan, which aims to achieve more ability to predict the British Capital Program and attract pension funds and other investors, will include cash injection of 590 million pounds of the lower Thames crossing.

The ministers believe that the road and tunnel, which is 14 miles long, which aims to reduce congestion on the M25 highway in Darford, will speed up contacts from Midlands and the north to the English channel ports.

The Treasury said that the government was looking to bring “special financing and experience” to present the project that was postponed long ago, which it described as “the most important road building project in a generation.”

The amount of 590 million pounds is much lower than 1.8 billion pounds, as he said the national highways for the export of the special financing plan, which will be paid through fees, but a person close to the project said that the government is likely to provide additional money in stages.

More than 1.2 billion pounds has already been spent on preparations for the road, although the construction has not started yet.

“The 10-year-old plan to enhance Britain’s material assets was” a turning point for our national infrastructure and we support it with funding to support thousands of jobs and link societies. “.

The infrastructure plan follows the review of Reeves spending last week, in which it started allocating an additional amount of 113 billion pounds from the funds borrowed for capital projects on this parliament with discounts in daily spending via Whitatol.

The additional borrowing came after Reeves relaxed its financial rules to support capital investment aimed at enhancing the slow growth of Britain. Inevitably, many projects will not even be holes on the ground before the upcoming elections.

But he allowed the advisor to announce a series of projects, such as railways, nuclear power plants and housing, which were particularly targeted in the North Labor Party, Midlands and Wales.

Nigel Farage’s President UK, which attacked the government for its loss with working workers in those areas.

The ministers say that the project schedule worth 725 billion pounds will be welcomed by some investors. Darren Jones, the treasury secretary, said that a “online pipeline” will be deployed from the plans soon.

But a long -term list of priority plans is still loaded with political risks: it is expected to hold general elections in 2029, when the government change leads to a shift in priorities.

Reeves knows that many work representatives want to see criticism directed at their departments before the upcoming elections. Its focus on charts such as highways or home insulation aims to achieve quick results.

But Nobel Francis, Director of Economics at the Building Products Association, a commercial body, said that the spending review confirmed a 17 % decrease in road financing over the life of this parliament.

He added: “The government continues to issue more advertisements on improving the state of road infrastructure, but as soon as it is digging from the main headlines, the reality varies significantly.” “The annual financing of our dilapidated roads and bridges may be reduced and the use of special financing in the main projects is reduced by a taxpayer for taxpayers.”

Pat McFafen, Minister of Cabinet Office, said on Sunday that companies that hope to win contracts to build infrastructure will be asked to show how their bids will benefit British workers and skills training.

Makfadin, who writes in the Telegraph newspaper, said that government purchases rules will be rewritten to reward companies that “put money in the pockets of workers.”

But Sir Mail Strad, consultant shadow consultant, said that Reeves is the weakest economy – including by raising taxes on employers in its first budget in October last year – and the borrowing is now increasing at a time of high debt service costs.