Spending Review: Osborne pledges HS2 and massive infrastructure improvements to offset a further £11.5bn of cutbacks
26th June 2013
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 investment, Mr Osborne ......for the full story register now for free or login below...
Read Next News Archive
- Register Now For Free!