So it is cancelled with a promise to distribute the £36 billion in hundreds of new schemes across the country. Sounds good, but one which he does not have to deliver! We have seen how spreading aid thinly leads projects to to be susceptable to failure (EU aid to numerous projects in Cornwall. So 13 years of inaction and now they are in danger of being ousted, they have “new” plans! Also the £36 billion would be spent over at least 10 years, so all the named projects cannot proceed immediately.
Interesting listening to the reactions on the radio. The capacity of the railways sounds awful in the north! And as someone in their 40’s stated – no improvement is likely now before he retires! The route to Manchester has been agreed and compulsory purchase largely done. If not high speed why not just put in a freight line? How much has been written off? What damage has been done to us internationally? Stock market rose early but then fell as he talked!