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.
Following on from a Parliamentary debate today, pteg expressed concern that overcrowding at key regional rail hubs could get worse as the Department of Transport is seeking to scale down its planned investment in additional rolling stock for the North’s rail network.
City region transport authorities today welcomed the news that the Government is to provide them with a special grant to cover the cost of the go-anywhere, free off-peak bus travel scheme for older and disabled people, which starts next April.
Passenger Transport Authorities (PTAs) for six of Britain’s largest city regions have welcomed plans for 1,000 new carriages – but have called on Government to ensure that Britain’s booming city regions get their fair share of the investment.
New report finds that halving ‘funding gap’ with London could release £4 billion a year for transport in the city regions
City region transport authorities set out their case to Government’s Comprehensive Spending Review
