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Originally published by Capital Business
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business
June 4, 2025
5mo ago

UK Chancellor announces £15bn for transport projects

UK Chancellor announces £15bn for transport projects

JUNE 4 - Billions of pounds of investment in transport infrastructure in England have been announced by Chancellor Rachel Reeves. The money will be spent Kenya breaking news | Kenya news today |..

✨ Key Highlights

The UK Chancellor, Rachel Reeves, has announced a £15bn investment for transport infrastructure in England, targeting projects in the Midlands, North, and West Country.

  • £2.5bn allocated for extending tram networks in Greater Manchester
  • Investment aims to address economic challenges faced by Labour MPs amid criticism regarding disability and benefit cuts.
  • The funding is part of a five-year allocation from 2027/28 to 2031/32, doubling current spending plans.

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Transportation and Aviation News

KCAA denied TUI Airlines a license for the Mombasa charter route amidst regulatory concerns. UK Chancellor has announced £15bn for upcoming transport projects. In a separate matter, an analysis revealed how airline fees for baggage have become a significant revenue source.

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