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

No magic money tree

14 September 2018
 

Transport for the North’s funding proposals published this week feature two complementary strands of thought. The first is the suggestion that the Government should award it a five-year funding stream for strategic rail and road projects, with TfN deciding how the money is spent, rather than ministers. The Government’s acceptance of this proposition will depend in part on calculations about the political merits of further devolving powers over investment decisions. But it will also...

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