ECONOMIC GROWTH

Autumn Statement: Hammond backs transport as foundation for growth

Chancellor Philip Hammond continued Government policy of investing in transport networks to help lay a foundation for increased growth and productivity, with billions being released for road and rail as well as a continuation of the fuel duty freeze.

Chancellor Philip Hammond continued the Government policy of investing in transport networks to help lay a foundation for increased growth and productivity, with billions being released for road and rail as well as a continuation of the fuel duty freeze.

Mr Hammond committed £1.1bn to English local roads and transport networks ‘where small investment can often achieve big wins' together with the allocation of £1.8bn from the Local Growth Fund to the English regions.

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