The construction and housing sectors have warmly welcomed many of the investment commitments made by the chancellor Rachel Reeves, as she promised to “deliver Britain’s renewal” by allocating the £113bn she has set aside for capital projects in her spending review. 

However, some expressed disappointment that London has lost out as the government seeks to appeal to other parts of the country, in what could be seen as Labour’s version of past levelling up attempts by the Conservatives.