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Reeves to unveil £100 billion North and Midlands investment plan

She aims to counter Reform UK’s appeal in Labour’s Red Wall strongholds through targeted infrastructure funding.

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Rachel Reeves is facing tough choices with spending decisions to be made over the NHS, police and energy
Projects such as a West Yorkshire tram system (top right) and a carbon capture project in Humberside could receive additional funding

Overview

  • Reeves has ordered a Treasury Green Book review to shift project funding prioritization beyond London and the southeast.
  • The plan could allocate up to £100 billion for road, rail and green energy schemes across the North and Midlands.
  • Full details are set to appear in the June 11 spending review with a ten-year infrastructure strategy to follow.
  • Labour presents the funding as central to delivering on its pledge to raise living standards in former Red Wall constituencies.
  • Critics warn the move could devolve into pork-barrel spending that delivers limited long-term benefits.