On June 6, 2025, Chancellor Rachel Reeves announced a £15 billion investment in transport projects across the UK. The funding is allocated for tram, train, and bus projects in mayoral authorities located in the Midlands, the North, and the West Country. The announcement precedes the government's spending review, which will determine the budget for each Whitehall department over the next three to four years. This significant investment aims to enhance transport infrastructure, potentially improving connectivity and economic prospects in the designated regions. The move comes amidst ongoing discussions about economic strategies and public spending priorities.