Rip-It-Up Reeves
Reeves to rip up ‘pro-London’ Treasury rules as she announces £15billion for transport outside South-East
Rachel Reeves is set to tear up Treasury rules as she announces billions of pounds of investment in public transport in the North and Midlands.
The £15.6 billion package for mayoral authorities is expected to include funding to extend the metros in Tyne and Wear, Greater Manchester and the West Midlands, along with a renewed tram network in South Yorkshire and a new mass transit systems in West Yorkshire.
Presumably this funding is coming out of the black hole, or it is spending which was in the pipeline already or the State Sofa is bigger than we’ve been led to believe or it all depends on that mysterious abstraction we never catch a reliable sight of – Growth.
Source: https://akhaart.blogspot.com/2025/06/rip-it-up-reeves.html
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