Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Transport spend faces ‘severe cuts’ as Darling gives electric cars a boost

18 December 2009
Darling: more cash for low carbon
Darling: more cash for low carbon

 

Fiscal experts this week warned of “severe cuts” to transport public expenditure in the next few years as any Government tries to reduce the soaring public borrowing.  After poring over the fine print of last week’s pre-Budget report,  the Institute for Fiscal Studies said  departmental spending would have to be cut by £25.5bn in the two years 2011/12-2012/13, equating to a cut of 6.4% a year.

The IFS’s Gemma Tetlow said these “severe...

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