Hammond delivers cash boost for roads and local transport

Andrew Forster
25 November 2016
 

Transport will be one of the sectors to benefit from a new £23bn five-year National Productivity Investment Fund announced by the Chancellor this week. 

The fund, which will operate from 2017/18-2021/22, was one of the highlights of Philip Hammond’s first Autumn Statement, having been appointed Chancellor this summer.

The investment fund will support projects in four areas: housing; transport; digital communications; and research and development. 

Specific projects will be...

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