SPT forecasts £4.7m-£6.2m deficit because of Covid-19

Funding

Strathclyde Partnership for Transport is forecasting a deficit of between £4.7m and £6.2m in 2020/21 because of Covid-19, even after making £5.9m of budget savings.

SPT believes the Scottish Government’s £7.5m grant to cover losses on the Glasgow Subway from July to December will be at least £350,000 less than is needed. The estimate assumes Subway patronage being about 30 per cent of normal in quarters 3 and 4 of 2020/21. This, in turn, assumed that the...

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