Transport for the North: Finance

(asked on 20th April 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to the Answer of 25 March 2021 to Question 172921 on Transport for the North: Finance, what assessment his Department made of the future spending plans and outgoing costs of Transport for the North as part of the decision to reduce its core funding allocation in response to Transport for the North having high reserves.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
Minister of State (Department of Health and Social Care)
This question was answered on 27th April 2021

The decision to adjust Transport for the North’s core funding grant for 2020/21 and 2021/22 was based on an assessment of the funding required for them to effectively undertake their statutory functions.

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