Uk treasury

Old Trafford Regeneration Task Force: Manchester United is working with the Trafford Council and the Greater Manchester Combined Authority to develop plans for the regeneration of the Old Trafford area, with the development of a world-class stadium for Manchester United at the heart of the project.

In a statement, the UK Treasury said Rachel Reeves, the Chancellor of the Exchequer, was championing the Old Trafford project as “a shining example” of the government’s plans to promote economic growth.

While Manchester United would be responsible for the stadium development, support from public bodies would be needed to unlock the wider regeneration opportunity, including improved transport infrastructure and housing.