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Transport Major rail investment for north of England
The Guardian
|June 12, 2025
Rachel Reeves committed to building a better railway across the north of England yesterday in a review that promised more transport investment around the country but left London disappointed.
The chancellor said the government's plans to "take forward our ambitions for northern powerhouse rail" would be published shortly, and confirmed £3.5bn more funding to continue upgrades on the TransPennine route between Liverpool and Leeds.
Reeves signalled that the north of England and the regions would be the big beneficiaries, having already announced £15bn for city regions to develop local tram, rail and bus projects over the next five years.
Reeves also announced that she was publishing the review of the Treasury green book - the spending rules that have been seen as prioritising investment in the most populous and productive areas, namely London and the south-east. She said it would "support place-based business cases and ensure no region has Treasury guidance wielded against them".
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