Spending review: first glance at what it means for transport

Chancellor George Osborne has now delivered the coalition government's Comprehensive Spending Review and the impact for transport is starting to emerge.

The Department for Transport will reduce overall spending by 15% in real terms, making savings of 21% from its resource budget and an 11% reduction in capital spending. However, a number of capital projects have gained approval.

The CSR document reveals that the capital allocation for the Department has been relatively protected; in 2014-15...