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.