好色先生TV

Chancellor George Osborne today hailed a 拢100bn infrastructure plan featuring a focus on road building.

Setting out his spending review in parliament today, Osborne committed to 拢50bn of capital investment in 2015 and a long-term 拢100bn infrastructure programme from 鈥渞oads to railways, bridges to broadband, science to schools鈥�.

As announced in the Budget in March, Osborne said the government would reduce current spending by 拢11.5bn in 2015-16, allowing it to increase capital spending plans by 拢3bn a year from 2015-16 and by 拢18bn over the next parliament.

鈥淲e are already massively expanding investment on road schemes. This is the largest programme of investment in our roads for half a century,鈥� he said.

鈥淲e鈥檙e committing to largest investment in railways since the Victorian era.鈥�

Further details on the infrastructure investment will be set out by Treasury secretary Danny Alexander tomorrow.

The chancellor also promised to set up a 拢2bn a year local growth fund.

But the overall capital budget for the Department for Communities and Local Government (CLG) 鈥� the main source of government spending on affordable housing - will fall from 拢4.8bn in 2014/15 to 拢3.1bn in 2015/16 - a cut of 36% year-on year and a fall of 26% compared to this year鈥檚 level

Other major announcements in the statement:

• the government would fund a feasibility study into a 拢12bn Crossrail 2 train line connecting north and south London
• education capital spending will rise with a pledge to fund 180 new free schools in 2015/16, 20 new studio schools and 20 new university techical colleges
• consult this summer on options for major reform of apprenticeships funding
  to place purchasing power directly in the hands of employers
• 拢1.3bn for capital investment in the Green Investment Bank in 2015/16 - 拢800m of which is new money
• signing off of HS2 rail line between London and Birmingham