UK to judge local projects together in investment rules shake-up

MANCHESTER, England, Oct 22 (Reuters) Britain will assess public investment projects in the same area together rather than ​individually, Prime Minister Andy Burnham said ‌on Thursday, part of a revamp of government rules aimed at helping overlooked parts of the country. The changes to the Green Book , the framework ‌for ​judging projects for public ⁠spending, will be ⁠set out in finance minister John Healey s budget on October 28. They will let local and regional authorities bundle projects such ​as housing and transport into a single place-based case, rather than having each ⁠judged separately. Here are the ⁠key points of the announcement: • Communities ​have been let down for years by outdated ​rules that haven t properly looked at ‌what s needed to unlock their potential, Burnham said in a statement after meeting English regional mayors • The reforms build on ⁠Healey s decision to cut the Green Book s headline discount rate to 3% from 3.5%, which makes ⁠long-term ‌infrastruc