Local authorities and Local Enterprise Partnerships across England are gearing up for the biggest shake-up in years to how local transport is funded. From April 2015 more than £1bn of local transport funding a year will be channelled into the Government’s new £2bn Single Local Growth Fund. A proportion of the funding is being allocated on a formula basis but a big slice will be allocated according to the quality of strategic economic plans (SEPs) currently being prepared by...
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