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

Hammond bets on transport to drive UK economy forward

FUNDING

Andrew Forster
24 November 2017
 

Transport was a winner in this week’s Budget statement from the Chancellor, Philip Hammond.

Funding announcements included:

• a £1.7bn Transforming Cities Fund to improve transport in England’s cities (see page 3)

• an extra £2.7bn for the Housing Infrastructure Fund (see page 10)

• discounted lending of up to £1bn for English councils over three years for infrastructure 

• a £220m Clean Air Fund (see page 14) – but...

+72% more

 

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