- 28 October 2021
- Transport / Logistics Services
Almost £7 billion has been allocated in the UK Budget for ‘levelling up’ urban transport in cities around England.
Around £5.75bn has been allocated to city regions for sustainable urban transport, and a further £1.2bn will go into improving bus transport.
According to sector experts, only around £1.5bn of this is new money, with £4.2 billion having previously been announced in 2019 and the the money for buses being part of £3 billion announced by Boris Johnson in 2020.
Some of the money announced by chancellor Rishi Sunak will go into train station upgrades and the expansion of tram networks outside London.
Sunak said: “Great cities need great transport and that is why we’re investing billions to improve connections in our city regions as we level up opportunities across the country.
“There is no reason why somebody working in the north and Midlands should have to wait several times longer for their bus or train to arrive in the morning compared with a commuter in the capital.
“This transport revolution will help redress that imbalance.”