Latest news with #RichardFuller
South Wales Guardian
a day ago
- Business
- South Wales Guardian
Maintenance fund to give £9bn a year to fix schools, hospitals and prisons
Chief Secretary to the Treasury Darren Jones said £6 billion a year would go to repairing hospitals, £3 billion to schools and colleges and £600 million to courts and prisons as part of Labour's plans for 'national renewal'. The maintenance fund is part of the minimum £725 billion committed to boost infrastructure in the 10-year plan, he told the Commons. The Government hopes this preventative action will break the cycle of emergency repairs in public infrastructure. It will go towards making court facilities better in a bid to reduce backlogs, and improving safety and security in prisons across England and Wales. Removing reinforced autoclaved aerated concrete (Raac) will be among the measures taken to update health facilities. The Treasury minister told MPs: 'Done properly it will result in tangible improvements to the fabric of our country, our local roads and high streets renewed so communities are even better places to live. Our public transport more available and more reliable, making it easier for people to get around and access opportunities. 'Our schools and hospitals and GP surgeries fit for the future to deliver for generations to come, and a country that will be stronger and more resilient. 'Communities will see the difference as this Labour Government delivers on the promise of change and a decade of national renewal.' The strategy also includes £1 billion to fix roads, bridges and flyovers and £590 million to start work on the Lower Thames Crossing project. Some £16 billion of public investment will go towards building 500,000 new homes through a new publicly owned National Housing Bank. This is expected to unlock more than £53 billion of private investment. Around £7.9 billion over 10 years will be invested in maintaining and creating new flood defences with the aim of benefiting 840,000 properties. The strategy covers a decade but the spending review cycle every two years will provide a juncture to decide whether to go ahead with projects. A 'pipeline' of projects will be published online in mid-July and will be updated every six months. The chief secretary's shadow counterpart Richard Fuller urged him to set out which major projects are being abandoned and explain why. The pipeline is a digital dashboard that will give an overview of projects the Government is procuring on a map, Mr Jones said in response. 'It will show on a map of the country which projects we're procuring, when and where to give investors and businesses that long-term confidence about the jobs that are going to be available, so that they can invest in their own workforce,' he said. The strategy does not cover so-called megaprojects which cost more than £10 billion and take more than 10 years to deliver – currently the HS2 railway, Sizewell C nuclear plant and the Dreadnought submarine programme. Chancellor Rachel Reeves said: 'Infrastructure is crucial to unlocking growth across the country, but for too long investment has been squeezed. Crumbling public buildings are a sign of the decay that has seeped into our everyday lives because of a total failure to plan and invest. 'We're not just fixing buildings – we're enhancing public services, improving lives and creating the conditions for sustainable economic growth in communities throughout the UK. We're delivering on a decade of national renewal we promised Britain. 'This will deliver the decade of national renewal we promised Britain, and fulfil our Plan for Change goals to kickstart economic growth, and build an NHS fit for the future.'
The Guardian
a day ago
- Business
- The Guardian
Ministers set out plans to spend £725bn on UK infrastructure over 10 years
Ministers have pledged to spend £9bn a year on fixing crumbling schools, hospitals, courts and prisons over the next decade as part of the government's infrastructure strategy. Darren Jones, the chief secretary to the Treasury, set out plans on Thursday to spend a minimum of £725bn over 10 years to boost UK-wide infrastructure and achieve a 'national renewal'. Jones announced that £6bn a year would go to repairing hospitals in England, £3bn to fixing and upgrading schools and colleges in England and £600m to courts and prisons in England and Wales. The money will fund building improvements including removing crumbling reinforced autoclaved aerated concrete (Raac) in hospitals and strengthening safety and security in prisons. Jones told MPs: 'Done properly it will result in tangible improvements to the fabric of our country, our local roads and high streets renewed so communities are even better places to live.' The strategy also includes £1bn to fix roads, bridges and flyovers across the UK and £590m to start work on the Lower Thames Crossing project. Some £16bn will go towards building 500,000 new homes through a new publicly owned National Housing Bank. Richard Fuller, the Conservative shadow chief secretary to the Treasury, urged ministers to set out which major projects are being abandoned and explain why. Business and industry groups, who have long argued the need for a long-term vision to provide certainty and encourage investment, broadly welcomed the strategy – although the government portal of actual projects will not now be launched online for another month. This project 'pipeline' will be updated every six months. Alex Vaughan, the CEO of construction and engineering firm Costain, said the launch was 'a crucial step towards ending the short-termism that has held our sector back'. The Railway Industry Association chief executive, Darren Caplan, said a 10-year strategy and the commitment to publish a pipeline in July was extremely welcome, adding: 'We look forward to seeing the full details of the pipeline, which will need to give businesses sufficient clarity to plan ahead.' Henri Murison, chief executive of the Northern Powerhouse Partnership, said: 'A government operating within the spending rules it has set for itself demonstrates real commitment – one that can unlock private investment and finance, which will take confidence from this stability.' John Dickie, chief executive at BusinessLDN, said it showed welcome government recognition 'that Britain needs a clear, committed, long-term pipeline of future public investment to give the private sector the confidence to invest'. Sam Gould, director of policy at the Institution of Civil Engineer, said it was 'a significant moment' with lots of positives, but added: 'The sector will need more information on private finance models, and on how [it] will meet the demands of our changing climate.' The strategy does not cover so-called megaprojects, which cost more than £10bn and take more than 10 years to deliver. These include the HS2 railway, Sizewell C nuclear plant and the Dreadnought submarine programme.
North Wales Chronicle
a day ago
- Business
- North Wales Chronicle
Maintenance fund to give £9bn a year to fix schools, hospitals and prisons
Chief Secretary to the Treasury Darren Jones said £6 billion a year would go to repairing hospitals, £3 billion to schools and colleges and £600 million to courts and prisons as part of Labour's plans for 'national renewal'. The maintenance fund is part of the minimum £725 billion committed to boost infrastructure in the 10-year plan, he told the Commons. The Government hopes this preventative action will break the cycle of emergency repairs in public infrastructure. It will go towards making court facilities better in a bid to reduce backlogs, and improving safety and security in prisons across England and Wales. Removing reinforced autoclaved aerated concrete (Raac) will be among the measures taken to update health facilities. The Treasury minister told MPs: 'Done properly it will result in tangible improvements to the fabric of our country, our local roads and high streets renewed so communities are even better places to live. Our public transport more available and more reliable, making it easier for people to get around and access opportunities. 'Our schools and hospitals and GP surgeries fit for the future to deliver for generations to come, and a country that will be stronger and more resilient. 'Communities will see the difference as this Labour Government delivers on the promise of change and a decade of national renewal.' The strategy also includes £1 billion to fix roads, bridges and flyovers and £590 million to start work on the Lower Thames Crossing project. Some £16 billion of public investment will go towards building 500,000 new homes through a new publicly owned National Housing Bank. This is expected to unlock more than £53 billion of private investment. Around £7.9 billion over 10 years will be invested in maintaining and creating new flood defences with the aim of benefiting 840,000 properties. The strategy covers a decade but the spending review cycle every two years will provide a juncture to decide whether to go ahead with projects. A 'pipeline' of projects will be published online in mid-July and will be updated every six months. The chief secretary's shadow counterpart Richard Fuller urged him to set out which major projects are being abandoned and explain why. The pipeline is a digital dashboard that will give an overview of projects the Government is procuring on a map, Mr Jones said in response. 'It will show on a map of the country which projects we're procuring, when and where to give investors and businesses that long-term confidence about the jobs that are going to be available, so that they can invest in their own workforce,' he said. The strategy does not cover so-called megaprojects which cost more than £10 billion and take more than 10 years to deliver – currently the HS2 railway, Sizewell C nuclear plant and the Dreadnought submarine programme. Chancellor Rachel Reeves said: 'Infrastructure is crucial to unlocking growth across the country, but for too long investment has been squeezed. Crumbling public buildings are a sign of the decay that has seeped into our everyday lives because of a total failure to plan and invest. 'We're not just fixing buildings – we're enhancing public services, improving lives and creating the conditions for sustainable economic growth in communities throughout the UK. We're delivering on a decade of national renewal we promised Britain. 'This will deliver the decade of national renewal we promised Britain, and fulfil our Plan for Change goals to kickstart economic growth, and build an NHS fit for the future.'
Rhyl Journal
a day ago
- Business
- Rhyl Journal
Maintenance fund to give £9bn a year to fix schools, hospitals and prisons
Chief Secretary to the Treasury Darren Jones said £6 billion a year would go to repairing hospitals, £3 billion to schools and colleges and £600 million to courts and prisons as part of Labour's plans for 'national renewal'. The maintenance fund is part of the minimum £725 billion committed to boost infrastructure in the 10-year plan, he told the Commons. The Government hopes this preventative action will break the cycle of emergency repairs in public infrastructure. It will go towards making court facilities better in a bid to reduce backlogs, and improving safety and security in prisons across England and Wales. Removing reinforced autoclaved aerated concrete (Raac) will be among the measures taken to update health facilities. The Treasury minister told MPs: 'Done properly it will result in tangible improvements to the fabric of our country, our local roads and high streets renewed so communities are even better places to live. Our public transport more available and more reliable, making it easier for people to get around and access opportunities. 'Our schools and hospitals and GP surgeries fit for the future to deliver for generations to come, and a country that will be stronger and more resilient. 'Communities will see the difference as this Labour Government delivers on the promise of change and a decade of national renewal.' The strategy also includes £1 billion to fix roads, bridges and flyovers and £590 million to start work on the Lower Thames Crossing project. Some £16 billion of public investment will go towards building 500,000 new homes through a new publicly owned National Housing Bank. This is expected to unlock more than £53 billion of private investment. Around £7.9 billion over 10 years will be invested in maintaining and creating new flood defences with the aim of benefiting 840,000 properties. The strategy covers a decade but the spending review cycle every two years will provide a juncture to decide whether to go ahead with projects. A 'pipeline' of projects will be published online in mid-July and will be updated every six months. The chief secretary's shadow counterpart Richard Fuller urged him to set out which major projects are being abandoned and explain why. The pipeline is a digital dashboard that will give an overview of projects the Government is procuring on a map, Mr Jones said in response. 'It will show on a map of the country which projects we're procuring, when and where to give investors and businesses that long-term confidence about the jobs that are going to be available, so that they can invest in their own workforce,' he said. The strategy does not cover so-called megaprojects which cost more than £10 billion and take more than 10 years to deliver – currently the HS2 railway, Sizewell C nuclear plant and the Dreadnought submarine programme. Chancellor Rachel Reeves said: 'Infrastructure is crucial to unlocking growth across the country, but for too long investment has been squeezed. Crumbling public buildings are a sign of the decay that has seeped into our everyday lives because of a total failure to plan and invest. 'We're not just fixing buildings – we're enhancing public services, improving lives and creating the conditions for sustainable economic growth in communities throughout the UK. We're delivering on a decade of national renewal we promised Britain. 'This will deliver the decade of national renewal we promised Britain, and fulfil our Plan for Change goals to kickstart economic growth, and build an NHS fit for the future.'
Powys County Times
a day ago
- Business
- Powys County Times
Maintenance fund to give £9bn a year to fix schools, hospitals and prisons
At least £9 billion a year will go to tackling the 'soaring maintenance backlog' and fixing crumbling schools, hospitals and prisons over the next decade under the Government's infrastructure strategy, a minister has confirmed. Chief Secretary to the Treasury Darren Jones said £6 billion a year would go to repairing hospitals, £3 billion to schools and colleges and £600 million to courts and prisons as part of Labour's plans for 'national renewal'. The maintenance fund is part of the minimum £725 billion committed to boost infrastructure in the 10-year plan, he told the Commons. The Government hopes this preventative action will break the cycle of emergency repairs in public infrastructure. It will go towards making court facilities better in a bid to reduce backlogs, and improving safety and security in prisons across England and Wales. Removing reinforced autoclaved aerated concrete (Raac) will be among the measures taken to update health facilities. The Treasury minister told MPs: 'Done properly it will result in tangible improvements to the fabric of our country, our local roads and high streets renewed so communities are even better places to live. Our public transport more available and more reliable, making it easier for people to get around and access opportunities. 'Our schools and hospitals and GP surgeries fit for the future to deliver for generations to come, and a country that will be stronger and more resilient. 'Communities will see the difference as this Labour Government delivers on the promise of change and a decade of national renewal.' The strategy also includes £1 billion to fix roads, bridges and flyovers and £590 million to start work on the Lower Thames Crossing project. Some £16 billion of public investment will go towards building 500,000 new homes through a new publicly owned National Housing Bank. This is expected to unlock more than £53 billion of private investment. Around £7.9 billion over 10 years will be invested in maintaining and creating new flood defences with the aim of benefiting 840,000 properties. The strategy covers a decade but the spending review cycle every two years will provide a juncture to decide whether to go ahead with projects. A 'pipeline' of projects will be published online in mid-July and will be updated every six months. The chief secretary's shadow counterpart Richard Fuller urged him to set out which major projects are being abandoned and explain why. The pipeline is a digital dashboard that will give an overview of projects the Government is procuring on a map, Mr Jones said in response. 'It will show on a map of the country which projects we're procuring, when and where to give investors and businesses that long-term confidence about the jobs that are going to be available, so that they can invest in their own workforce,' he said. The strategy does not cover so-called megaprojects which cost more than £10 billion and take more than 10 years to deliver – currently the HS2 railway, Sizewell C nuclear plant and the Dreadnought submarine programme. Chancellor Rachel Reeves said: 'Infrastructure is crucial to unlocking growth across the country, but for too long investment has been squeezed. Crumbling public buildings are a sign of the decay that has seeped into our everyday lives because of a total failure to plan and invest. 'We're not just fixing buildings – we're enhancing public services, improving lives and creating the conditions for sustainable economic growth in communities throughout the UK. We're delivering on a decade of national renewal we promised Britain.
