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Budget 2016
Chancellor George Osborne delivered his 2016 Budget yesterday. The Chancellor confirmed a £700million boost to funding flood defences and schemes in flood-hit regions, including Cumbria. Plans to upgrade the A66 and A69 roads were also announced.
Live updates
- ITV Report
Cumbria confirms extra £82.6million of flood funding
Tim Farron MP on Cumbria share of 2016 Budget
Tim Farron MP says that £43m flood funding for Cumbria is not enough.
He calculates that the flood scheme for Kendal, Burneside and Stavely costs £25m alone:
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- ITV Report
Where will Cumbria's £43m be spent?
- ITV Report
Cumbria to receive at least £43million of flood funding
Local MP's greet budget news for Cumbria
Rory Stewart and John Stevenson MP took to Twitter to express their joy at the 2016 Budget plans for Cumbria.
In yesterday's 2016 Budget announcement, Chancellor George Osborne confirmed a £700million boost to funding flood defences across flood-hit regions including Cumbria as well as upgrade plans for the A66 and A69.
The region's MPs react to the 2016 Budget
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Upgrade plans for A66 and A69 announced
The Chancellor has announced that he will explore plans to upgrade the A66 and A69.
This is one part of many transport upgrades in Northern England to strengthen the Northern Powerhouse.
£700m boost for flood defences announced
Chancellor George Osborne confirmed he would provide funds for a £700million boost for flood defences.
A 0.5% increase in Insurance Premium Tax will provide the extra funding for the defences.
- ITV Report
SNP say Osborne has already failed
New taxes could hit Cumbrian economy in 2016 Budget
Chancellor George Osborne is preparing to deliver his 2016 Budget later this morning.
Cumbria Chamber of Commerce is calling on the Chancellor not to introduce new taxes on businesses.
The organisation says new taxes would hit business investment and economic growth in Cumbria and should be ruled out until the next General Election.
Latest ITV News reports
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Cumbria confirms extra £82.6million of flood funding
The council have announced an extra £82.6million of government funding for flood repairs, bring the total fund to just under £122million.
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Where will Cumbria's £43m be spent?
We break down the numbers and ask Floods Minister Rory Stewart, what and where, the money will be spent on.