A £4.1m deficit has opened up in the 2019/20 budget of Nexus, the Tyne and Wear Passenger Transport Executive, prompting a renewed warning that services may have to be cut in future years.
John Fenwick, Nexus’s director of finance and resources, said a number of factors had contributed to the worsening picture, including: £1.1m spent developing the area’s Transforming Cities Fund (TCF) bid to the DfT; a £1.2m reduction in Metro revenues; a £300,000...
+79% more
TransportXtra is part of Landor LINKS
© 2021 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design sussex by Brainiac Media 2020
