After being heavily criticised by the public for scrapping HS2, Rishi Sunak is announcing his new transport plans for redistributing the money originally earmarked for HS2.

Mr Sunak: “It really is levelling up in action, because this is a first of its kind fund that is going to provide long-term funding certainty to smaller towns and rural areas across the North and the Midlands, treating them for the first ever time like big cities with substantial funding and long-term certainty.”

The meeting is taking place in East Yorkshire today.