Chancellor set to use spending review to plough billions into ‘levelling up’ economy

The Treasury has said it will announce the location of a new northern headquarters within weeks as the chancellor, Rishi Sunak, prepares to set out plans in next Wednesday’s spending review for levelling up Britain’s lopsided economy.

Sunak is expected to use the mini-budget in the House of Commons to plough billions of pounds into regions other than London and the south-east of England, as part of plans to meet Boris Johnson’s “levelling up” promises.

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