Question to the Department for Transport:
To ask the Secretary of State for Transport, if he will make it his policy to agree five-year funding settlements for local transport with local authorities.
As set out in the Levelling Up White Paper, the Government recognises the benefits of multi-year funding settlements for local transport authorities. Our £5.7 billion City Region Sustainable Transport Settlements programme provides consolidated, long-term capital funding to 8 city regions across England through 5-year settlements from 2022/23 to 2026/27.
Decisions on funding settlements for other transport authorities will be a matter for the next Spending Review.