British PM May promises £1.6b fund for Brexit-backing towns

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British PM May promises £1.6b fund for Brexit-backing towns
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British Prime Minister Theresa May will on Monday set out plans for a 1.6 billion pound (US$2.11 billion) fund to help to boost economic growth in ...

LONDON: British Prime Minister Theresa May will on Monday set out plans for a £1.6 billion fund to help to boost economic growth in Brexit-supporting communities, particularly in the north of England.

The government said the fund would be targeted at places that had not shared fairly in the country's prosperity and would be used to create new jobs, help to train people and boost economic activity. "These towns have a glorious heritage, huge potential and, with the right help, a bright future ahead of them."The opposition Labour Party's finance spokesman, John McDonnell, said the fund was"Brexit bribery".

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