Autumn Statement 2014: North gets infrastructure spending
03 December 2014
Author: Rupert Saunders
Most of the detail of the government's investment in road and transport infrastructure had been revealed ahead of the Chancellor's statement. It was largely confirmation of projects using money that had already been pledged in previous Budgets.
However the Chancellor was keen to emphasise the creation of a 'northern powerhouse' to rebalance the economy and stimulate further growth in northern cities.
He said the government, with Transport for the North, will produce a comprehensive transport strategy for the north. This will include options, costs and a delivery timetable for a HS3 east west rail connection, with an interim report in March 2015.
The government is also committing to a package of over £6bn of investment in the northern road network, including a £640m investment in the A1 north and west of Newcastle and £170m of improvements to trans-Pennine roads. Cities including Sheffield, Newcastle, Hull, Sunderland, Leeds, Manchester and Liverpool will benefit, he claimed.