How much of Tories' infrastructure spending splurge is new money?

Chancellor Sajid Javid has announced a £25 billion “infrastructure revolution” as his big eye-catching pledge to Tory conference.

He used his speech at the governing Conservative Party's annual conference to set out an investment package to improve Britain's roads, broadband coverage and bus services.

It is only a year on from Theresa May announcing the end of austerity at the Tories' gathering in Birmingham and the spending taps are well and truly open - or so it would seem.

The Tories have so far made spending vows of more than £50bn at their conference.

Sajid Javid has made the commitments today (Getty Images)

But Boris Johnson's big hospital pledge quickly fell apart on closer inspection.

The PM's announcement of '40 new hospitals’ will actually only deliver six unless the Tories win the next two elections.

And it includes renovations of existing hospitals.

The PM  claimed it was the “biggest hospital building programme in a generation.”

But it will only deliver six new buildings or refurbs over the next five years.

They'll only promise the full 40 if they win not only the next election, but the one after that.

When it comes to Mr Javid's commitments he is splashing the cash for roads, buses and broadband.

Are the promises too good to be true? (Jeff J Mitchell)

But the £25bn pot for roads had already been set aside by his predecessor, Philip Hammond.

The second Road Investment Strategy is for funding strategic roads between 2020 and 2025.

Separately there is a £220 million fund for buses which had also been announced earlier this month but which was renewed today.

Of this some £20 million will go on trials of “on demand” bus services and £30 million will improve existing services or replace routes that had been cut.

MANCHESTER, ENGLAND - SEPTEMBER 30: Chancellor of the Exchequer, Sajid Javid speaks on day two of the 2019 Conservative Party Conference at Manchester Central on September 30, 2019 in Manchester, England. Despite Parliament voting against a government motion to award a recess, the Conservative Party Conference still goes ahead. Parliament will continue with its business for the duration. (Photo by Jeff J Mitchell/Getty Images) (Jeff J Mitchell)

Separately the chancellor has pledged £5 billion to extend high-speed broadband to the worst served places.

But it is a fraction of what experts at the National Infrastructure Commission say is needed. 

They say building and maintaining a full-fibre network would cost £33.4 billion.

Labour's shadow chancellor, John McDonnell, accused the Tories of only offering "a combination of re-announcements and damp squibs".

He added the announcements showed "the real difference between the parties" with the Tories were "tinkering around the edges, while Labour was proposing a fundamental shift of power and wealth from the few to the many".