RE: £100 billion infrastructure announcement today30 May 2025 08:29
''Reeves is set to announce a multibillion-pound investment package in the north and Midlands as Labour look to counter the threat of Reform UK. The announcement is set to come in next month’s spending review and could see money allocated for spending in the southeast redistributed to the Red Wall, with many seats under threat from Nigel Farage’s party.
Areas such as road, rail and green energy could benefit from up to £100 billion of capital investment as Reeves prepares to tear up her own fiscal rules. If the announcement is made, Reeves will be able to fund extra spending on new infrastructure projects with borrowing, without breaking her pledge that day-to-day government outgoings are met from tax receipts. It comes amid growing panic from Labour MPs at the threat Reform poses to marginal seats across the country following a series of missteps and errors in the government’s first year in office''.
Nothing about what time though, sorry.