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Business: Issue Issue 25 27 Oct 2011

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Funding, Local Government, DfT/SRA, Other, England

DfT set to withhold part of LSTF award

October 7

The Department for Transport (DfT) may not award the full £560m earmarked for the Local Sustainable Transport Fund, councils preparing major project bids (£5m-£50m) have been told.

“The DfT state that ministers may not commit all of the fund if suitable and robust business cases are not forthcoming,” said Centro’s strategy and commissioning director Tom Magrath..

The fund aims to promote packages with the twin objectives of boosting the economy and cutting...

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