Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to section 4.1 of the 2020 spending review, what the value is of the accelerated capital spending projects awarded within the West Midlands Combined Authority area.
In June this year, the Prime Minister announced that the Government would accelerate over £5 billion of infrastructure projects. When taken together with the Plan for Jobs, this means that Government is accelerating £8.6 billion of capital spending.
This accelerated capital spending includes the £900m Getting Building Fund, from which West Midlands Combined Authority received an allocation of £66 million. The funding will support projects such as the University Station development, the Very Light Rail Innovation Centre, and the Precision Health Technology Accelerator.