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  • 04/06/2025
Rachel Reeves has announced billions of pounds in funding for transport outside London, but also warns she has had to make difficult decisions ahead of her spending review next week. The £15.6 billion package for mayoral authorities includes funding to extend the metros in Tyne and Wear, Greater Manchester and the West Midlands, along with a renewed tram network in South Yorkshire and a new mass transit system in West Yorkshire. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00Because this government believes that prosperity must come from the contribution of us all,
00:05because all of the sizeable evidence shows that public investment can crowd in many times its volume in private investments,
00:14and because we know the potential that exists in all of our towns and cities,
00:19I can tell you today that we will be making the biggest ever investment by a British government
00:26in transport links within our city regions and their surrounding towns.
00:33£15.6 billion in transport funding settlements to be delivered by our regional mayors.

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