answer text |
<p>Since the start of the pandemic the government has provided support for people,
businesses and public services worth more than £200 billion.</p><p>The Plan for Jobs
in July set out ambitious capital investment plans to accelerate £8.6 billion of decarbonisation,
infrastructure and maintenance projects. As set out in the Plan for Jobs document,
this included £5.6 billion of infrastructure projects announced by the PM to start
many projects sooner than previously planned. The package was to fund additional activity
in 2020-21 and 2021-22, both by accelerating planned programmes and funding new projects
to help support jobs and improve our infrastructure. It is funded by a mix of additional
funding and underspends in 2020-21, with future years coming from the spending envelope
announced at Budget. The Chancellor will be setting out further capital investment
plans at the Spending Review, with details outlined in the accompanying document.</p><p>In
the usual way, the Office for Budget Responsibility will provide their independent
assessment of the effect of government policy on the economy and public finances when
they publish their forecast alongside the Spending Review on 25 November.</p>
|
|