Philip Hammond vowed to get the UK “shooting on all cylinders” with a series of financial investments in transportation projects.The Chancellor’s prepare for transportation facilities included a ₤ 1.7 billion Transforming Cities fund to increase links in between flourishing city centres and struggling suburbs.” … we back #NorthernPowerhouse, #MidlandsEngine & chosen mayors across UK with a new ₤ 1.7 billion Transforming Cities Fund” #Budget 2017 pic.twitter.com/IJ5ExHLFG6!.?.!— HM Treasury(@hmtreasury) November 22, 2017 He likewise revealed
: A Southeastern high-speed Javelin train passes through Charing in Kent:: ₤ 300 million will be invested to ensure the HS2 high-speed rail project can accommodate future rail improvements as part of
the so-called Northern Powerhouse and Midlands Engine programs:: ₤ 30 million
towards trials of how mobile and digital connection can be boosted on trains on the TransPennine route which runs between Manchester and Yorkshire:: ₤ 337 million invested in the replacement of the 40-year-old rolling stock on the Tyne and Wear City” … we’ll money the replacement of the 40-year-old rolling stock on the Tyne and Wear City”< a href =https://twitter.com/hashtag/Budget2017?src=hash&ref_src=twsrc%5Etfw > #Budget 2017 pic.twitter.com/3uBhITxjYq!.?.!— HM Treasury (@hmtreasury) November 22, 2017:: Continued work by the Treasury and Transportation for London on the funding and financing of Crossrail 2, a proposed new north-south rail link through the capital:: Devolution handle the West Midlands and North of the Tyne areas to designate funding locally The Government has dealt with a barrage of criticism in recent months after announcing support for multi-billion pound investments for London and the South East amidst the axing or downgrading of rail projects in the North, Wales and Midlands.The Chancellor said the Federal government was”enabling back to the individuals of Britain and driving success and greater fairness throughout our UK “. He went on:” Backing skills is crucial to opening growth nationally however
far excessive of our economic strength is focused in our capital city.”If we are really to build an economy that is fit for the future then we need to get all parts of the UK firing on all cylinders. “IPPR North Director
@edcox_ippr reacts to Changing Cities Fund statement. #Budget 2017 pic.twitter.com/1DvcqOIL5L!.?.!— IPPR North(@IPPRNorth) November 22, 2017 Ed Cox, director of think tank IPPR North, commented:” We welcome the drip of small financial investments in northern transport facilities however nothing the Chancellor has actually revealed will bring the transformational change the Northern economy requires to see.”We need ₤ 59 billion catch-up cash to drive the development that will turn around the ever-widening productivity gap in between North and South. This is not brain surgery
.”Paul Plummer, president of the Rail Delivery Group, representing train companies and Network Rail, stated:”This Budget highlights how essential rail is to the future of the economy in every corner of the nation. “It readies news that there is support for regional choice making, and investment in abilities and infrastructure, especially in the North of England.”
Source
http://www.dailymail.co.uk/wires/pa/article-5108153/Budget-2017-Hammond-pledges-transport-boost-UK-firing-cylinders.html
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