Infrastructure spending in the North of England
There will be a Westminster Hall debate on infrastructure spending in the North of England on Wednesday 25th November at 9:30am. Damien Moore MP will open the debate
Investing in infrastructure is seen by the Government as a way to “level up” economic growth and prosperity across the country.
By the end of autumn 2020, the Government is expected to publish a National Infrastructure Strategy setting out its infrastructure “ambitions” over the next 50 years and how it intends to fund these priorities. The Strategy is expected to focus on projects that, by addressing long-standing economic challenges, “level up” economic growth and prosperity across the country. It will also focus on the infrastructure needed to achieve net zero carbon emissions by 2050. The National Infrastructure Finance review is also set to report in autumn 2020.
In the Spending Review, on 25 November 2020, the Chancellor will set out funding for priority infrastructure projects.