º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

The big £5bn promises made by Prime Minister Boris Johnson in 'New Deal' speech

The PM wants the º£½ÇÊÓÆµ to 'build, build, build' its way to recovery - but what exactly was promised at Tuesday's high-profile speech?

Prime Minister Boris Johnson delivers a speech during his visit to Dudley College of Technology(Image: Getty Images)

The Prime Minister today revealed details of his "New Deal" to help revive the º£½ÇÊÓÆµ economy from the Covid-19 crisis in a speech in the West Midlands.

Boris Johnson's message during the high-profile speech in Dudley was "build, build build", and came on the day Leicester became the first city to have its Covid-19 lockdown tightened.

So what exactly was promised by Mr Johnson?

The PM announced the Government will bring forward £5bn of capital investment projects, supporting jobs and the economic recovery, including:

- £1.5bn this year for hospital maintenance, eradicating mental health dormitories, enabling hospital building, and improving A&E capacity. He said this will improve patient care, make sure NHS hospitals can deliver world-leading services and reduce the risk of coronavirus infections.

- £100m this year for 29 projects on the road network "to get Britain moving", from bridge repairs in Sandwell to boosting the quality of the A15 in the Humber region. Plus £10m for development work to unblock the Manchester rail bottleneck, which will begin this year.

- Over £1bn to fund the first 50 projects of a new, ten-year school rebuilding programme, starting from 2020-21. These projects will be confirmed in the Autumn, and construction on the first sites will begin from September 2021.

- £560m and £200m for repairs and upgrades to schools and FE colleges respectively this year.