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£1.5bn of new funding for transport

Funding

02 November 2021
Rishi Sunak
Rishi Sunak

 

Local authorities have welcomed chancellor Rishi Sunak’s transport spending boost announced in the Spending Review last week. However, there was some initial confusion over how much of the £7bn Sunak said would be allocated to urban transport across England was actually new money. The DfT later confirmed that of this amount £1.5bn is new funding.  Some £4.2bn for cities was first announced in 2019, while the bus grants will be coming from the 3bn National Bus...

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