George Osborne
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Budget 2013: Infrastructure spending boosted by £3bn a year

The government says it will allocate an extra £3bn a year to infrastructure projects in the hope of boosting economic growth.

In his Budget speech, Chancellor George Osborne said the increase would come into effect from 2015.

Business groups welcomed the measure, but others warned it was "too little, too late".

  • 20 Mar 2013
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