Rachel Reeves outlined a 15.6 billion transport investment strategy focused on stimulating economic growth outside of London at a Rochdale bus factory. Her remarks signal a commitment to tackle regional disparities in economic growth, with a larger 113 billion investment proposal pending in the upcoming spending review. Reeves aims to revise the Treasury's green book, altering public investment evaluation to promote fairness in resource distribution. Additionally, she seeks to ensure economic resilience through her concept of securonomics, which prioritizes stability for households amidst economic challenges.
Rachel Reeves emphasized her commitment to transport investment, promising 15.6 billion as part of a broader 113 billion plan to stimulate growth beyond London's economy.
The upcoming rewrite of the Treasury's green book aims to change the investment approach, allowing for more equitable resource distribution across the UK, particularly to former industrial regions.
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