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Nexus expects spending crunch in 2020/21

PUBLIC TRANSORT

17 December 2018
 

Major cuts to public transport services in the north-east of England may be necessary in 2020/21 and 2021/22 because of funding reductions, says public transport body Nexus.

In January 2018 the North East Combined Authority’s leadership board agreed that Nexus could run a budget deficit of £1.9m, funded by reserves. Nexus has since reported permanent savings this year of £3.3m, meaning that it expects to record a budget surplus of £1.2m. 

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