Welcoming the major infrastructure and housing investment announced for Cambridge in today's Budget by Chancellor of the Exchequer Rachel Reeves, Daniel Zeichner, MP for Cambridge said:
"Rachel Reeves showed clearly how this Budget is focused on “investment, investment, investment” to get the economy moving with a boost to public investment of over £100 billion in the next five years.
"Importantly, that includes the green light locally for £10 million of new investment in Cambridge and our local infrastructure. This funding will enable the Cambridge Growth Company to develop an ambitious plan for the housing, transport, water, and wider infrastructure Cambridge needs to realise its full potential.
"This funding, together with East West Rail, will support life sciences companies and unlock private investment, to connect the laboratories, industrial parks, and housing needed, cementing Cambridge’s status as a globally renowned centre of excellence and its important role within the Labour government’s new Industrial Strategy.
"This Budget delivers the change our country voted for. It is the start of a new chapter towards making Britain better off: more pounds in people’s pockets. An NHS that is there for you when you need it. And businesses creating wealth and opportunity for all. It is a Budget that invests in Britain’s future so, alongside business, we can build the homes, the infrastructure, the roads and the railways our country needs."
