Transport for the North: Finance

(asked on 18th March 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to the oral contribution of the Minister of State of 17 March 2021, Official Report, column 447, that Transport for North’s budget was adjusted to ensure it did not build up unnecessarily large reserves, what Transport for North’s reserves were projected to be in 2020-21.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
Minister of State (Department of Health and Social Care)
This question was answered on 23rd March 2021

As I stated in the House on 17 March during the adjournment debate on this matter, Transport for the North’s reserves were projected to rise to £9.5m in 2020-21, had their core funding grant not been adjusted.

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