Boris Johnson’s £5bn plan for UK’s post-coronavirus recovery revealed

The Prime Minister is planning on pledging £5 billion in a bid to create jobs, skills and infrastructure for the UK post-coronavirus.

Tonight, Mr Johnson is expected to deliver a speech in the West Midlands where he will outline the government’s post-covid ‘build build build’ plan. 

Part of the plan sees a £5bn ‘New Deal’ pledge, which promises to deliver jobs, skills and infrastructure to the UK. 

The UK has been the hardest hit of the G7 major industrialised nations by the virus, with the economy shrinking by 20.4% in April.

It is expected there will be £1.5bn set aside for hospital maintenance, eradicating mental health dormitories, enabling hospital building, and improving A&E capacity.

According to the BBC, Boris Johnson is set to use the coronavirus ‘crisis to tackle the country’s great unresolved challenges of the last three decades’. 

The PM added: ‘To build the homes, to fix the NHS, to tackle the skills crisis, to mend the indefensible gap in opportunity and productivity and connectivity between the regions of the UK.

“Too many parts of this country have felt left behind, neglected, unloved, as though someone had taken a strategic decision that their fate did not matter as much as the metropolis.

“And so I want you to know that this government not only has a vision to change this country for the better, we have a mission to unite and level up.” 

Some of the projects expected to be outlined include:

• £560m and £200m for repairs and upgrades to schools and colleges
• £1bn will be set aside for funding of ten-year school rebuilding that will start 2020-21 with work beginning September 2021
• 101 selected towns will be given deals of between £500k and £1m to spend on projects such as park, high street and transport improvements
• £142m will be spent on upgrading around 100 courts and £83m will be set aside for prison maintenance and youth offender facilities.
•  £900m for ‘shovel ready’ local growth projects and £96m investments in town centres and high streets

In terms of investment in the environment, Boris Johnson has called for a ‘build back greener’ approach, however, environmentalists have considered the response of his pre-released summary as inadequate.

Boris claims he will plant 75,000 acres of trees every single year by 2025.

Furthermore, he is expected to promise £40m to boost local conservation projects which in turn will create 3,000 jobs such as Conservation Rangers and safeguard a further 2,000.

According to reports, Boris is expected to say: “Too many parts of this country have felt left behind, neglected, unloved, as though someone had taken a strategic decision that their fate did not matter as much as the metropolis.

“And so I want you to know that this government not only has a vision to change this country for the better, we have a mission to unite and level up- the mission on which we were elected last year.”

Director of Northern Powerhouse Partnership, Henri Murison, said: “The Prime Minister in his speech tomorrow will join those of us including his Chancellor, our Metro Mayors and Northern business leaders who believe it is vital to put front and centre the work to level up and unite the country in the recovery.

“The scale of ambition of this ‘Roosevelt’s New Deal’ cannot merely be rhetoric, but must also be met by the full commitment of necessary public and private resources.

“The £10m towards completing the Northern Hub in Manchester will help curtail delays for trains crossing West to East as far as Newcastle and Hull.

“But there is a need to accelerate projects like the TransPennine Route Upgrade electrification and start building HS2 from Leeds to the Midlands, including related upgrades and the new Northern Powerhouse Rail line through Bradford.

“£900m for shovel-ready projects is not enough for the number of jobs which could be generated by accelerating delivery in our cities and wider regions across the North alone, which is why releasing local investment capacity of up to £5bn at the local level is so necessary.

“History teaches us that the New Deal only worked because the scale of its aspiration was met by spending on the ground to match.

“If this is a start in that direction and not the limit of what is to be built then it is to be welcomed.

“Otherwise, the Deal will not meet the promises made of closing the North-South divide made previously by the Prime Minister when he first took up his office.”

Boris Johnson is expected to make the speech today, June 30th.