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News category: Funding / Financing

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Local Transport Today
Regular news
Lee Baker
The Office for Budget Responsibility has spelt out that the Chancellor's Autumn Statement further tightened planned public spending over the next... continue
Local Transport Today
Regular news
The DfT and local government face at least two more years of "very substantial savings," Chancellor George Osborne said in his final Autumn Statement... continue
Local Transport Today
Regular news
Lee Baker
Council leaders from across England and all political parties today say that without the same tax and spending powers as Holyrood, so they can keep... continue
Local Transport Today
Regular news
John W E Helm
The Prime Minister has announced a £230m UK contribution towards the electrification of railways in south Wales.  The deal struck with the... continue
Local Transport Today
Secondary stories
Deputy prime minister Nick Clegg announced a £214m boost for cycling this week at a cycle summit in Bristol. The Government will give... continue
Local Transport Today
In brief
Transport for London has awarded £28m to outer London boroughs to improve public spaces around 17 stations on the capital’s east-west... continue
Local Transport Today
Regular news
Local Authorities have criticised the DfT for allowing just ten days to consult on how the annual £976m of highways maintenance funding will be... continue
Local Transport Today
Regular news
Transport groups in Scotland have voiced concern about a proposed cut in spending on active travel by the Government next year. The South East... continue
Local Transport Today
Regular news
The next sponsor of the capital’s cycle hire scheme must do more to promote its use than Barclays Bank has done, the London Assembly’s... continue
Local Transport Today
Regular news
The DfT has stripped the New Forest National Park Authority of £1.5m of Cycling Ambition Grant after the park scrapped plans for a bike hire... continue
Local Transport Today
Regular news
Network Rail is struggling to meet financial targets in its new regulatory control period. Control period 5 commenced this April, but a Network Rail... continue
Local Transport Today
News
The DfT has awarded the East Coast rail franchise to the Stagecoach-Virgin joint venture company ICR (Inter City Railways).  Stagecoach is the... continue
Local Transport Today
Sub story to regular feature
Investing in Greater Manchester’s urban transport networks would be a much better way of delivering an economic powerhouse in the north of... continue
Local Transport Today
Regular news
Councils in South Yorkshire are demanding a further huge cut to the Passenger Transport Executive’s budget next year as they themselves grapple... continue
Local Transport Today
Regular feature
Consultant KPMG has conducted further work into the economic benefits of HS2 but the new findings have failed to satisfy one of the consultant’s fiercest critics
Government company HS2 Ltd published research last year by consultant KPMG, which concluded that building the London-West Midlands-Manchester/Leeds... continue
Local Transport Today
Regular news
Andrew Forster
Two influential transport industry figures have voiced scepticism about councils taking on bus Quality Contract powers. Sir Peter Hendy,... continue
Local Transport Today
In brief
The DfT is setting up a £25m fund to provide minibuses for community transport operators in rural and isolated areas of England. The scheme... continue
Local Transport Today
In brief
Operators of tendered bus routes in Essex will be incentivised to boost passenger numbers by  retaining fare revenues under a revamp to... continue
Local Transport Today
Letters to the editor
Roger Sexton, Nottingham NG1
Fifty per cent of all English bus journeys are made in London even though it has only about 15 per cent of the population. It is therefore not... continue
Local Transport Today
Analysis
Andrew Forster
Leaders of England’s biggest city regions joined forces this month to call for a fundamental change to how major transport investments in urban... continue
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