Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

SNP studies Treasury’s Forth road bridge offer

13 March 2009
 

The Scottish Government is studying the details of a Treasury proposal to help fund the new Forth road bridge.

Treasury minister Yvette Cooper has offered a £1bn funding mechanism to help pay for the  scheme, which has an estimated cost of £1.7bn-£2.3bn (outturn costs). The offer comprises:

£500m of ‘Barnett Consequentials’ in respect of the London Crossrail project

£300m of capital underspending. Normally, underspends from a three-year...

+58% more

 

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