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Rishi Sunak will unveil the long-overdue national infrastructure strategy for £ 100bn long-term investment next week.
The chancellor will publish the strategy to help address the climate crisis and invest in transportation on Wednesday, when it will also describe its spending review.
The infrastructure strategy to boost transport connectivity and work towards achieving net zero emissions by 2050 was expected to be published in March, but was delayed.
Chancellor says he’s ‘committed to leveling up opportunities’
Sunak said it would reveal it on Wednesday along with tens of billions of pounds of infrastructure investment, including £ 1.6 billion to tackle the potholes.
The Treasury said the infrastructure strategy would contain a down payment on flagship programs that include fiber broadband, flood defenses and transportation schemes.
Mr Sunak said: “We are absolutely committed to leveling the opportunities for those living in all corners of the UK to get their fair share of our future prosperity.
“Every nation and region in the UK has benefited from our unprecedented £ 200bn COVID support package. And after a difficult year for this country, this spending review will help us rebuild better by investing over £ 600 billion across the UK over the next five years. “
The location of the Treasury’s north headquarters as part of a campaign to get more officials to work outside London will be announced “in the coming weeks.”
Jake Berry, who leads a group of Conservative MPs representing the North of England, welcomed the Chancellor’s announcement to put “leveling at the center of this government’s agenda.”
But the government faces the threat of a strike if it imposes a salary cap of millions of public sector workers.
Unions reacted angrily to reports that the chancellor would announce a salary cap on the spending review, although frontline NHS doctors and nurses are expected to be exempt.
