Local MP, Sarah Atherton MP, has welcomed the Spending Review which provides billions of pounds in the fight against coronavirus, delivers on the Conservative’s promises it has made to the British people and invests in the UK’s recovery.
On Wednesday, the Government set out an ambitious plan that focuses on levelling up across the country, investing in vital infrastructure that will ensure the UK builds back better from coronavirus.
This includes an additional £1.3 billion for the Welsh Government through the Barnett formula, building on the unprecedented £5 billion of upfront resource funding that the UK Government has guaranteed to Wales in 2020-21. This can be used by the Welsh Government to grow the economy, improve public service and support people and businesses across Wales.
Commenting, Sarah Atherton MP said:
“While the health emergency facing our country is not yet over, the economic emergency has only just begun.
“The Chancellor’s Spending Review tackles this unprecedented situation head on – ensuring lives and livelihoods in Wrexham are protected and supported in the weeks and months ahead.
“At the same time, I was elected at last year’s General Election on a commitment to level up communities like ours, and I am thrilled that this Conservative Government is now making good on that promise – by delivering a once-in-a-generation investment in infrastructure that will create jobs, grow the economy and increase pride in the place we call home.”
Chancellor of the Exchequer, Rishi Sunak MP said:
“Today’s Spending Review delivers the priorities of the British people. Our health emergency is not yet over, and the economic emergency has only just begun; so our immediate priority is to protect people’s lives and livelihoods.
“But today’s Spending Review also delivers stronger public services - paying for new hospitals, better schools and safer streets. And it delivers a once-in-a-generation transformation in our approach to infrastructure. Creating jobs, growing the economy, and increasing pride in the places people call home.”
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