Chancellor unveils extra £2bn capital spend a year

Chancellor Rachel Reeves has spared construction capital spending cuts and managed to find a further £13bn over the Parliament to support growth-enhancing spending on infrastructure, housing, and defence.
Much of the extra spending will go to defence investment. Although she said there would be some defence dividend for construction in plans to upgrade military family homes and modernise Portsmouth’s naval base.
Infrastructure and housing will see an extra £4.65bn, mostly loade