Construction News

Mon October 26 2020

Related Information

New local transport fund launched

23 Sep 10 Plans for a new local sustainable transport fund have been announced by Liberal Democrat local transport minister Norman Baker.

Plans for a new local sustainable transport fund have been announced by Liberal Democrat local transport minister Norman Baker.

Initiatives which the fund aims to encourage include: integration between travel modes; better public transport; improved traffic management schemes; and measures to encouraging walking and cycling.

The fund will encourage local transport authorities outside London to develop strategies to support economic growth, reduce carbon, improve safety, and increase levels of physical activity.

The Government also announced that, in line with its localism agenda, it intends to pool the centrally-funded local transport grants to create fewer but larger funding streams, which will be formula-based.

Funding for the initiative will be set aside from within the Department for Transport’s overall allocation following the Spending Review. Details about the new fund, including the resources available and how it will operate, will be announced later in the year.

Related Information

Baker said: "It is at a local level that most can be done to change patterns of behaviour and encourage more sustainable travel, especially for short journeys.

"And in an environment of tighter budgets and greater local flexibility, the Government is determined to reduce bureaucracy and make local transport funding more efficient.

“That is why we intend to pool the myriad of centrally funded local transport grants, to create fewer but larger funding streams, largely formula based, and a new Local Sustainable Transport Fund."

Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest construction news, construction tenders, construction data, and construction law.

Got a story? Email news@theconstructionindex.co.uk

MPU

Click here to view more construction news »