The Chancellor is set to announce the go-ahead for £1.3bn in local transport projects to reduce congestion and upgrade local roads and Highways England schemes to tackle pinchpoints in his Autumn Statement on Wednesday.
Philip Hammond will also accept a National Infrastructure Commission's recommendation to back an 'expressway' connecting Oxford, Milton Keynes and Cambridge with £27m in funding, it is expected. The Treasury confirmed the news following a report from Sky News that he could use Wednesday to signal backing for £15bn in infrastructure over the Parliament. A think-tank had said he has scope to inject as much as £31bn whilst still bearing down on the current account deficit.
Newspapers expect the Chancellor to freeze fuel duty and cut air passenger duty in a bid to help those who are "just about managing," as the Prime Minister vowed when she took power.
TransportXtra is part of Landor LINKS
© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design london by Brainiac Media 2020