Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Reeves examines using private sector funds to speed...
Business & Finance

Reeves examines using private sector funds to speed building of new towns

The Guardian UK Monday 01 June 2026, 12:47 UTC By Phillip Inman 1 min read
Key Points

Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructureBusiness live – latest updatesRachel Reeves is examining how to attract funds from private investors to accelerate the government’s development of new towns in England. The chancellor has begun talks with some of the UK’s biggest banks and investment funds about building infrastructure for new towns based on public-private partnerships (PPP) – a successor to the much-criticised Tony...

Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructure

Rachel Reeves is examining how to attract funds from private investors to accelerate the government’s development of new towns in England.

The chancellor has begun talks with some of the UK’s biggest banks and investment funds about building infrastructure for new towns based on public-private partnerships (PPP) – a successor to the much-criticised Tony Blair-era private finance initiative (PFI).

Continue reading...
Reeves (PERSON) England (LOCATION) UK (LOCATION) PPP (ORG) Tony Blair-era (PERSON) PFI (ORG)
Originally published by The Guardian UK Read original →

Related Stories

'Europe should evolve its carbon market, not dilute it,' investors say

A group of investors managing €11.4 trillion in funds are advocating for complementary industrial policies such as grids, electrification and clean tech financing, reflecting a broader shift in European climate policy from setting targets toward managing industrial transformation.

Euronews 43m ago

Motability July 1 mileage slash DWP update as tyre cut confirmed

Motability July 1 mileage slash DWP update as tyre cut confirmed Big cuts are being made to how far people are allowed to go before incuring 25p per mile rates A new update has been given by the Department for Work and Pensions after Motability announced plans to slash the approved mileage for leases - with big new fees per mile from July 1. The service which leases cars to people with disabilites recently announced it was slashing the number of miles people can do without paying extra. From...

Daily Mirror 52m ago

Trump Media and TAE Technologies will not spin off Truth Social

Trump Media and TAE Technologies will not spin off Truth Social June 10 : Trump Media and Technology and TAE Technologies said on Wednesday they have decided to not spin off Truth Social and certain other TMTG media assets into a new publicly listed company. Founded by U.S. President Donald Trump and known for its Truth Social platform aimed at conservative audiences, TMTG has faced challenges scaling its media business amid competition from larger social networks and uneven user growth. The...

Channel News Asia 56m ago

US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans continue to face steep oil prices. Prices have increased sharply over the past several months, rising at an annual rate of 3.3% in March before going up to 3.8% in April. In February, before the conflict began,...

The Guardian World 59m ago