Jeremy Hunt, the chancellor of the Exchequer and Prime Minister, Rishi Sunak are finalizing the preparations for the Budget that Hunt will present to Parliament in a couple of weeks time.
Considering that there will only be one more chance to provide the giveaway Budget, that often precedes a General Election, Hunt is unlikely to provide backbench Conservative MPs who fear for their seats in the Election with anything that lifts their confidence.
Rishi Sunak has been extremely workmanlike since he took over as Prime Minister, reaching an agreement over the treatment of Northern Ireland as part of the overall Brexit solution and will announce fresh legislation to deal with the constant flow of arrival of refugees crossing the English Channel.
However, one the the major planks of the Conservative manifesto from 2019 is the levelling up agenda. This was the idea that less emphasis would be placed on the South East of England, with investment being delivered to the North and other regions.
The centrepiece of this process was set to be HS2, the high speed rail link that is intended to cut journey times between London and the major cities of Birmingham, Manchester and Leeds.
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