The U.K. government revealed plans to significantly raise infrastructure spending in the budget for 2020 to improve new roads, railways, broadband and homes; the biggest infrastructure spend in half a century.
Chancellor Rishi Sunak has promised a £30 billion ($38 billion) fiscal stimulus package to help reinvigorate the economy amidst economic disruption caused by the coronavirus. As of March 11, the World Health Organization declared COVID-19 a pandemic.
Sunak said he is specifically aiming to “level up” U.K. infrastructure by tripling the investment in transport and infrastructure spending to the highest levels since 1955, according to The Guardian.
“If the country needs it, we will build it,” he said.
The government has allocated £27 billion ($35 billion) for more than 4,000 miles of roads, £5 billion ($6.4 billion) for broadband, and £120 million ($155 million) to help with flood clean-up, among a laundry list of other investmen
