Category: Funding

What a way to cost a railway

What a way to cost a railway

The railway’s cost allocation system is dumping costs on the sector least able to afford them – regional rail. It must be changed. And so it came to pass that the Office of Rail Regulation issued the subsidy figures  for the different parts of the railway which were engraved on tablets of stone. And a …

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pteg Summary of the Autumn Statement 2013

pteg Summary of the Autumn Statement 2013

We thought we would share with you our summary of the key 2013 Autumn Statement announcements of relevance to transport and the PTEs. Transport and local government budgets For 2014-15, the majority of Whitehall departmental budgets will be cut by 1.1%. Local government is excluded from this reduction, to help local authorities to freeze council …

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How well did transport really do in the Spending Review? The fine print analysed

How well did transport really do in the Spending Review? The fine print analysed

The 2013 Spending Round (commonly referred to as the ‘Spending Review’) announced a step change in infrastructure investment , backed by an impressive array of specific commitments . But although the key transport capital budgets have emerged as obvious winners, the picture is less clear when it comes to some of Department for Transport’s (DfT) …

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The biggest bargain in transport policy?

The biggest bargain in transport policy?

Is the urban bus the biggest bargain in transport policy? There’s certainly a strong case to be made – as our new report (‘The Case for the Urban Bus – The Economic and Social Value of Bus Networks in the Metropolitan Areas’) shows. The key to the exceptional value for public money that the urban …

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Budget 2013

Budget 2013

Here’s our quick summary of the main points from today’s Budget 2013 announcement, focusing on those of relevance to transport and the PTEs. Departmental spending Reduction in Resource Departmental Expenditure Limits equivalent to a 1% reduction for most departments. Schools and health budgets remain protected. Individual departmental budgets will be published in the 2015/16 Spending …

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The Spending Review: Everything to play for

The Spending Review: Everything to play for

The last spending review gave local transport spending outside London a good hiding. It lacked the political clout and built-in funding commitments that applied to London and national rail – the evidence base for the benefits of local transport spending also had too many gaps. Worse for the big regional conurbations was that by accident …

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pteg Summary of the Autumn Statement 2012

pteg Summary of the Autumn Statement 2012

We thought we would share with you our summary of the key 2012 Autumn Statement announcements of relevance to transport and the PTEs. Transport announcements – a focus on roads £1.5 billion will be spent on improving the road network, of which £1bn will be invested in the current spending review period. General transport spending: …

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