Transport funding gap grows even wider
New figures show transport spend in London is now close to triple the spend in the North of England and West Midlands.
New figures show transport spend in London is now close to triple the spend in the North of England and West Midlands.
Geoff Inskip, chief executive of Centro, has been appointed as the new Chair of pteg, taking over the role from Neil Scales.
A new report for pteg by finance and business advisors Grant Thornton UK LLP, shows that unprotected areas of the transport budget could be facing devastating cuts.
Responding to the House of Commons Transport Select Committee report on ‘Priorities for Investment in the Railways’, published today (00.01 Monday 15th Feb), Chair of pteg, Neil Scales said:
The cost of concessionary bus travel in England could spiral out of control even if the government plugs the current funding gaps, new research published today has revealed.