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Transport projects to benefit from £4bn Levelling Up Fund

Funding

Andrew Forster
30 November 2020
Rishi Sunak: Levelling Up Fund could deliver bypasses, bus lanes and rail station upgrades
Rishi Sunak: Levelling Up Fund could deliver bypasses, bus lanes and rail station upgrades

 

The Chancellor this week  announced a new £4bn funding stream for local authorities in England that could pay for scores of transport projects.

The new Levelling Up Fund to help disadvantaged areas was one of the highlights of the Treasury’s spending review that sets departmental budgets and devolved administrations’ block grants for 2021/22. The review was originally supposed to set resource budgets for three years and capital budget for four but the time horizon was...

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