Prime Minister Boris Johnson is unveiling the government plans to accelerate the economy of the country. He vowed to utilize this post corona period to fix the economic problems and promised to provide £5bn ‘New Deal’.
This new deal has been announced to build homes and infrastructure. The plans are set out in the Tory election manifesto, to accelerate and intensified action. As per the Prime Minister’s speech, the new figures the shrinking faster economy since 1979 within the period of January-march, 2020. In the wide-ranging speech in Dudley, the Prime Minister focused over the word Build and said it often during the speech to soften the aftershock of coronavirus pandemic.
The plan for level up of Government is going to continue, which the slogans are also from last December’s election. The instruction projects in England will accelerate and the investments will be for new academy school, green buses and new broadband. The government will spend £1.5bn for hospital maintenance and building. It will also invest in mental health dormitories and improve A&E capacity.
£100m will be spending for the 29 road projects. From the Bridge repairing in Sandwell to improving A15 in Humber sector, all will be done within this fund. More than £1bn will be spent on the school buildings and another £12bn will help to build new affordable homes for ownership and rent for the next eight years.