More funding for city regions in Autumn Budget More funding for city regions in Autumn Budget

Chancellor Philip Hammond has confirmed more money for transport in the city regions and the extension of railcards for young people to the age of 30. In his Autumn Budget, Mr Hammond said his growth forecast for 2017 was down from 2 per cent to 1.5 per cent, while productivity growth and business investment was also revised downwards. There is to be a North of the Tyne devolution deal and investment in Tyne and Wear Metro, where the present fleet of trains is reaching the end of its life. There will also be a second devolution deal for the West Midlands.

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