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News category: Funding / Financing

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Local Transport Today
Regular news
Worcestershire County Council has abandoned plans to abolish all subsidy for local bus services but will press ahead with cuts that save £1.6m... continue
Local Transport Today
Regular news
The Local Government Association is seeking contributions from local authorities in England towards the set-up costs of a municipal bonds... continue
Local Transport Today
Regular news
The DfT has announced how £168m of funding for road maintenance will be allocated to local authorities across England.  The Potholes... continue
Local Transport Today
News
The DfT has awarded Virgin a two-year-and-nine-months contract to continue running the West Coast Main Line franchise. The operator will convert 21... continue
Local Transport Today
News
Efforts are underway to secure the future of Dundee Airport, which is making losses of over £2m a year.  The airport, located beside the... continue
Local Transport Today
News
Network Rail results for the year ended 31 March 2014 show that revenue increased 2.2% to £6.333bn (2013: £6.197bn) but operating profit... continue
Local Transport Today
Regular news
Lee Baker
Global infrastructure spending is expected to more than double by 2025, with $1.5 trillion to be spent up until then in the U.K alone, according to a... continue
Local Transport Today
Regular news
The revisions to Nexus’s bus Quality Contract Scheme proposals have done nothing to placate the area’s three major bus operators –... continue
Local Transport Today
Regular news
Andrew Forster
Bus operators in Tyne and Wear are pledging to cut the Combined Authority’s bill for tendered services by over £2m a year if councillors... continue
Local Transport Today
In brief
The National Audit Office has urged the DfT to work with the Treasury and Department for Communities and Local Government to tackle the... continue
Local Transport Today
Regular news
Andrew Forster
A patchwork of arrangements for speed and red light camera enforcement is emerging  in the Avon and Somerset police force area, as councils... continue
Local Transport Today
Regular news
Andrew Forster
Rail passengers in the North of England could face higher fares, frequency reductions on some lightly-used lines and stations, and lower staffing... continue
Local Transport Today
In brief
The DfT has invited local authorities across England to bid for a share of a £5m Clean Vehicle Technology Fund. Grants of up to £500,000... continue
Local Transport Today
Regular news
Transport minister  Baroness Kramer this week visited the Queens Drive park-and-ride site in Nottingham, which the city council is promoting as... continue
Local Transport Today
Regular news
DfT economists are acting as the core assessors for about a third of Local Enterprise Partnership strategic economic plans (SEPs), which will... continue
Local Transport Today
Media monitor
“It won't come as a huge surprise to anyone that transport spending in London outstrips the investment made in getting from A to B in regions... continue
Local Transport Today
Media monitor
Rik Thomas
Media coverage of the opening of Edinburgh’s new tram line was not, on the whole, terribly positive. The Financial Times, for example, on 30... continue
Local Transport Today
Lead Story
Andrew Forster
Public discussion of transport infrastructure investment is being damaged by dubious job creation and economic growth claims, according to the... continue
Local Transport Today
News
The DfT has awarded the first ever public service obligation (PSO) for an air route to Logan Air for two daily flights (each way) between Stansted... continue
Local Transport Today
Main editorial comment
Local Transport Today
When listening to policy-makers and lobbyists talk about transport and the economy it would be easy to conclude that there is a causal link between... continue
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