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So I welcome the Commission’s continuing work on delivery model options, and we will carefully consider its final recommendations in due course.
Further measures in today’s consultation include requiring banks to publish rates for small and medium-sized enterprise (SME) lending products and to develop tools to allow for easier comparison of SME banking products.
A £1 million Highways England project to resolve a long-running issue with flooding along the A590 at Lindal-in-Furness in Cumbria, is to get underway on Friday (25 November).
Overall public sector net borrowing as a percentage of GDP will fall from 4% last year to 3.5% this year, and will continue to fall over the Parliament, reaching 0.7% in 2021-22.
The flooding is caused by a combination of factors including the carriageway dip and water from several sources, including the local road network, collecting on the A590.
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