The next few years will see an upward trend in local transport capital grant funding from central government, supported by a wide-ranging consensus about the contribution of local transport networks to economic growth. In contrast, Local Authorities have seen a sustained decline in resource funding, driven by deep cuts to the Department for Communities and Local Government‟s (DCLG) budget. And there is no sign the cuts are about to stop. As the mismatch between capital and revenue funding grows, this could ultimately damage the effectiveness of capital investment in local transport networks. This report explores how resource funding constraints are affecting the delivery of local transport capital schemes and how this is likely to evolve over the next few years.
The bus is key to achieving 46 policy goals of 12 of the 24 Departments across Whitehall including the Department for Work and Pensions, HM Treasury, Department of Health, Department for Education and Department for Business, Innovation and Skills. This report shows how, despite these cross sector benefits, all the main forms of funding for bus services are under severe pressure and sets out how bus funding can be reformed.
This report summarises some of the latest academic research which shows the importance of agglomeration economies (the way in which high value sectors of the economy cluster together in cities) in driving wider national economies. It also shows that these urban clusters cannot develop to their full potential without high quality and efficient transport networks.
Building on the work of the Department for Transport, pteg commissioned AECOM to prepare additional guidance for PTEs and other Local Transport Authorities to assist in the monitoring and evaluation of Local Sustainable Transport Fund projects. The guidance provides a practical approach to developing cost effective and affordable monitoring and evaluation programmes.
Lower levels of transport spend can explain 2% GDP gap with Germany
Commenting on today's Campaign for Better Transport report on bus cuts ‘Buses in Crisis: A report on bus funding across England and Wales’, pteg Support Unit Director, Jonathan Bray said:
London spend per head far higher than the North and Midlands
- Momentum builds for better deal from the Spending Review –
- £2.5 billion of economic benefits for the city regions -
- Norman Baker welcomes valuable further evidence on bus benefits -
- New report shows congested regional cities losing out to rural areas and the London mega-region -
- National rail by far the biggest winner -
Funding for concessionary travel could lead to 75% cut in spending on other transport services in ten years’ time
New analysis of Treasury public spending figures reveals that spending on transport in London has now risen to £644 per head compared with £243 per head for the West Midlands and the North of England combined.