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New Treasury Rules Boost Northern Investment, Infrastructure Projects

2/19/2026

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Summary

Story summary

A shake-up of Treasury rules redirects state investment from wealthier regions to the North and Midlands, aiming to unlock billions for infrastructure.
The reforms include funding for the £45 billion Northern Powerhouse Rail project and a new £2 billion station in Bradford.
Greater Manchester Mayor Andy Burnham welcomed the change and urged swift implementation to fulfill the government's levelling up promise.

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Story summary

A shake-up of Treasury rules redirects state investment from wealthier regions to the North and Midlands, aiming to unlock billions for infrastructure.
The reforms include funding for the £45 billion Northern Powerhouse Rail project and a new £2 billion station in Bradford.
Greater Manchester Mayor Andy Burnham welcomed the change and urged swift implementation to fulfill the government's levelling up promise.