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Streamline funding approach, says NIC

Infrastructure

Peter Stonham
05 October 2021
 

The Government has been told to change its mechanism for rewarding funds for improvements to infrastructure aimed at levelling up England’s towns. 

The National Infrastructure Commission (NIC) criticises the “multiple ring-fenced pots of money” which councils must compete for to get funding. It wants councils to have the power to deliver their own infrastructure strategies with five-year devolved budgets.

The current array of around 15 funding streams for local transport...

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