Debt rule change to salvage infrastructure spend plans
Chancellor Rachel Reeve has confirmed the Government will make a technical change to the way debt is measured to release billions to boost infrastructure investment.
The wider debt measure is expected to allow for up to £50bn more borrowing to invest in big projects in roads, railways or hospitals.
Under previous government spending commitments investment was due to fall from 2.6% of the share of the economy in 2023 to 1.7% by 2028-29, or £20bn a year in cash terms.The move comes as
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