There has been some relief at how transport fared in the spending round despite the Department for Transport (DfT) seeing its annual day-to-day budget decrease by 5% for the five year period ahead - one of the largest cuts in the review.
The reduction is said to be mostly down to a big drop in the level of subsidies the Government plans to be paying train companies compared with the period since the Covid-19 pandemic as passenger ridership and revenue continue to recover and efficiencies and...
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