“Build, build, build,” was the prime minister’s message. He delivered his speech with the urgency and gusto of a man who is spending big. And he is, it’s just not new money.
Strip away the packaging, and Boris Johnson was serving-up the same investment promises which were first set out in the March Budget, when the government said it would increase Public Sector Net Investment to £407 billion over the course of this parliament – a level not seen for decades.
On Tuesday, Johnson told us that £5 billion of that investment will be brought forward to this year and set out how it will be spent.
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