‘Invest, invest invest’: Budget sets out plans for £100bn of capital investment

By Daniel Gayne2024-10-30T15:41:00

Schools, housing and hospitals all set to benefit as Labour goes for growth

The chancellor has announced more than £100bn in capital spending over the next five years after confirming changes in the definition of debt to allow greater government investment.

Delivering her first budget this morning, Rachel Reeves said the only way to drive economic growth was to “invest, invest, invest”, describing Wednesday as an opportunity to “turn the page on the last 14 years”.

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