€750m cut from capital spending

THE Government has signed off on a “significant but robust” capital spending programme for next year, with cuts of €750m to be shared by departments.

Ministers met yesterday to agree final figures which are expected to see major rail and road projects cancelled or put on hold.

“It is a significant but robust capital programme in the context of the challenges we face,” a government spokesman last night said. “We can’t do everything and we have to decide what is the most important.”