Public Transport: Finance

(asked on 7th September 2023) - View Source

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.


Answered by
Richard Holden Portrait
Richard Holden
Minister without Portfolio (Cabinet Office)
This question was answered on 13th September 2023

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.

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