Investment to support Jobs and economic recovery


The Prime Minister has announced that we will bring forward £5 billion of capital investment projects, supporting jobs and the economic recovery, including:

  • £1.5 billion this year for hospital maintenance. This will improve patient care, make sure NHS hospitals can deliver world-leading services and reduce the risk of coronavirus infections.
  • £100 million this year for 29 projects in our road network to get Britain moving, in addition to £10 million for development work to unblock the Manchester rail bottleneck.
  • Over £1 billion to fund the first 50 projects of a new, ten-year school rebuilding programme, starting from 2020-21.
  • £560 million and £200 million for repairs and upgrades to schools and FE colleges respectively this year.
  • £142 million for digital upgrades and maintenance to around 100 courts this year, £83 million for maintenance of prisons and youth offender facilities, and £60 million for temporary prison places.
  • £900 million for a range of ‘shovel ready’ local growth projects in England, as well as £96 million to accelerate investment in town centres and high streets through the Towns Fund this year. This will provide all 101 towns selected for town deals with £500,000-£1million to spend on projects such as improvements to parks, high streets, and transport.
     
  • Throughout this crisis, the government has taken unprecedented action to support jobs and livelihoods across the UK with over £104 billion of support. In March, at Budget the chancellor set out ambitious plan to invest in our future prosperity, and today’s announcement redoubles our efforts to get on with this now, in support of economic recovery and jobs right across the country and the Chancellor will provide an update on the economy next week.
     
  • To further support the ambition to ‘build build build’, the government will also publish a National Infrastructure Strategy in the Autumn, which will set a clear direction on core economic infrastructure, including energy networks, road and rail, flood defences and waste.

Comments

Chris Whiteside said…
English translation please. And please be aware that I don't take advertising.
10:58 am
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