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extra £ 5 billion investment in the central part of the national infrastructure program in the fall statement Chancellor

by an additional £ 5 billion of capital investment, financed by spending cuts elsewhere, will be the centerpiece of a total of £ 30 billion national infrastructure program to be announced George Osborne, Tuesday in an attempt to prevent the country falling into recession.

Chancellor will announce about 500 public sector projects, many of them to be financed by commercial investments of pension funds.

Danny Alexander, the Chief Secretary of the Treasury, said that public money was made available were reallocated from the expenditure review for a "productive use" to ensure " best use "is limited resources.

He told BBC Radio 4 Today program Thar county areas "underutilization" as identified areas which, together with project deadlines have slipped.

"We are stick to the plan that we proposed," he said. "In any case, if it is reinforced by the problems we see in the euro area and elsewhere. "

Some £ 5 billion of additional capital investment over the next three years will go to a school program to fund a £ 600 40 000 extra places in 2014. In what is fast becoming one-stop "game changer" in the budget to avoid the impact of the collapse of European economies, Osborne has also announced plans to:

. energy-intensive industries to help.

. Increase the rate of the bank to maintain an annual income of banks £ 2.5 billion.

. Put a cap on rate increases announced by the rail.

Reporter .

an increase in fuel tax was 3p to be introduced in January

. Remove bureaucratic health and safety of a million self-employed as the next step in the deregulation of the labor market.

should also announce an agreement to release 40 billion pounds of bank lending to small businesses in which the government will fund the loan.

Alexander said today: "Investment in infrastructure is one of the most productive you can use both public money and, in fact too much private money to offer these two goals, which will be the allocation of government funds in the spending review, we will be highlighting some of the long-term projects we fund in the future, especially when working with UK pension funds, which are identifying ways to release about 20 billion pounds of investment of pension funds in the private financing of infrastructure in this country. "

in the availability of public funds, Alexander said: "Part of my job as Chief Secretary is looking at the budgets of government departments to identify areas where there is under- or if the projects did not materialize on the scale of time.

"For example, the program will capture and storage has been delayed because the original project could not be delivered and therefore we are committed to providing money for it, but the most likely Most of the money will be needed in the next parliament and can release the funds in this Parliament for this type of program.

"So there are some decisions that we made -.., of course, the Chancellor set out in the morning, some tough decisions"

Treasury launches its growth strategy statement before the fall, because he knows the day will be dominated by the budget office responsible for new growth, debt, unemployment and its consequences for objective of eradicating the structural deficit in 2015-16.

Speaking to Andrew Marr Show on Sunday of the BBC, Osborne admitted OBR was lowered forecasts, saying. "This is an extremely difficult time, we have a slowing economy, a slowdown in the global economy, we have this financial crisis brewing in Europe."

But he insisted it will stick to its goal of reducing the deficit, saying, ". I am absolutely clear that the government will take steps to fulfill its mandate to reach its fiscal debt, "he in 2015-16 to achieve this goal.

want to focus their resources on protecting the "hurry-East" and the search for job creation capital investment in schools, roads, railways, the Broadband high speed and power. The National Infrastructure Plan will be based on £ 5 billion in additional capital expenditures in the current 2014-15 spending, £ 5 billion of additional spending in the next period and expenditure of up £ 20000000000 agreement with the pension funds. You will have to secure sources of income for pension funds to risk aversion, such as road tolls or guaranteed income from new plants.

The government signed a memorandum of understanding with the National Association of Pension Funds (NAPF) and the Pension Protection Fund (PPF) to develop an infrastructure pension new platform and to facilitate pension funds to invest in projects such as energy, renewable energy and ports.

The plan is somehow a substitute for private finance initiative work has said that the government has little value for taxpayers' money.

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