Key new announcements in the Plan include:
- £15bn investment in the
UK's strategic road network;
- £2.3bn of flood defence
investment;
- £38bn of national rail network
investment;
- Scoping for a potential £1bn
power-generating tidal lagoon in Swansea Bay;
- A co-operation agreement with
Toshiba, GDF Suez and NuGen with the aim of issuing a statement of
intent to provide a guarantee to assist the financing of a new
nuclear power station in Moorside, Cumbria; and
- Targeted investment in science,
ports, aviation, waste and social infrastructure.
The Government's long-awaited announcement of the second
proposed garden city site, following the announcement earlier this
year of an initial 15,000-home garden city at Ebbsfleet, Kent, was
also made this week. It was announced that an initial 13,000 homes
will be sited at a new garden city in Bicester, Oxfordshire, which
is also the site of a new eco-town.