Spending Review: Osborne pledges HS2 and massive infrastructure improvements to offset a further £11.5bn of cutbacks

A PLEDGE to deliver the HS2 high speed rail programme and a promise to fund £50bn of capital investment – the bulk of it in transport infrastructure - in 2015-16 have been outlined by Chancellor George Osborne in his latest Spending Review.

The review was designed to trim a further £11.5bn off Government spending during 2015-16, with many central departments faced with cutbacks of around 10% to their annual budgets.

To soften the impact of the cutbacks and in an attempt to stimulate long-term investmen... For the full story register now for free or login below...