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£15.6bn for transport but cuts 'inevitable'

Daily Express

|

June 04, 2025

RACHEL Reeves will announce £15.6billion for rail, tram and bus schemes in the North, Midlands and South West today.

- Jonathan Walker

The plans will be unveiled amid Cabinet battles over next week’s spending review.

It comes after a poll found Chancellor Ms Reeves is now as unpopular with voters as her Tory predecessor Kwasi Kwarteng was following his disastrous mini-Budget in 2022, which plunged the UK into a financial crisis.

The Institute for Fiscal Studies think tank warned that real-terms cuts to some Government departments are “almost inevitable” in the spending review on June 11 if Ms Reeves attempts to slash NHS waiting lists by increasing health spending.

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