US EditionRachel Reeves reveals which UK areas will benefit from huge £15bn announcement - Manchester Evening News
- On June 5, 2025, in Rochdale, Chancellor Rachel Reeves unveiled a £15.6 billion funding plan aimed at enhancing transportation networks across the North of England and the Midlands.
- The package follows Reeves’s speech on a new economic model aimed at regional investment and includes changes to Treasury rules that favored London and the South East.
- The funding will support extensions and upgrades to metro and tram networks across Greater Manchester, West Midlands, South Yorkshire, Tyne and Wear, East Midlands, and the Tees Valley, plus 1,000 new electric buses.
- Specifically, £2.5 billion will extend Greater Manchester's tram network to Stockport, £2.4 billion will expand Birmingham’s metro to a new sports quarter, and South Yorkshire will receive £1.5 billion including £530 million for tram renewals.
- This investment aims to improve connectivity, unlock economic growth outside London, and precedes a spending review that will determine the allocation of £600 billion over the next three years.
23 Articles
23 Articles
Reeves announces £15bn in transport investment outside of London
The Chancellor’s main aim of her trip to Manchester was to promise fifteen billion pounds worth of investment in transport projects in the North and West of England as well as the Midlands. There’s been criticism today from the Conservatives that this is simply a re-announcement of funds that were already committed. Reporter: Andrew Misra Camera: Ken McCallum Producer: Harry Peet Additional newsgathering: Meghan Hadfield, Penny Ayres
Rachel Reeves just sent a pointed message to her critics
Rachel Reeves detailed hundreds of billions of pounds of investment in projects to fix creaking infrastructure outside of London in a speech pointedly aimed at her Cabinet colleagues and members of her own Labour Party.The Chancellor highlighted £15bn for new transport infrastructure across the north and midlands of England in a speech on Wednesday, saying there is “more to come” in the spending review next Wednesday when she will reveal how £60…
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