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

Cut now, pay later?

Local Transport Today
12 November 2010
 

With the DfT’s four-year spending deal now in place, last week’s conference on local transport at London’s Embankment was a timely affair, giving delegates the opportunity to learn more about the new funding regime. Transport minister Norman Baker came with some good news to share, revealing that councils were likely to receive all of their local transport settlement as grant rather than supported borrowing. He also announced a few more details of the DfT’s £560m...

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