Transport jobs get £4.7bn of cancelled HS2 cash

Grant Prior 2 months ago
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The government has released further details of the reallocation of £4.7bn in transport funding following the cancellation of the northern leg of HS2.

Investment from the new Local Transport Fund will provide better public transport, reduced congestion and upgraded local bus and train stations across the North and Midlands.

The North will receive £2.5bn and the Midlands will receive £2.2bn from April 2025 over the next seven years.

Regional breakdown of extra allocations

Local authority LTF funding (2025 to 2032)
Blackburn with Darwen £117m
Blackpool £121
Cheshire East £181m
Cheshire West and Chester £168m
County Durham £73m
Cumberland £149m
East Riding of Yorkshire £168m
Herefordshire £102m
Kingston upon Hull, City of £161m
Lancashire £494m
Leicester £160m
Leicestershire £238m
Lincolnshire £262m
North East Lincolnshire £120m
North Lincolnshire £118m
North Northamptonshire £149m
Rutland £49m
Shropshire £136m
Staffordshire £286m
Stoke-on-Trent £134m
Telford and Wrekin £107m
Warrington £121m
Warwickshire £204m
Westmorland and Furness £129m
West Northamptonshire £163m
Worcestershire £210m
York and North Yorkshire Combined Authority £380m
Total £4,700m

 

Prime Minister Rishi Sunak said: “Through reallocating HS2 funding, we’re not only investing billions of pounds directly back into our smaller cities, towns and rural areas across the North and Midlands, but we are also empowering their local leaders to invest in the transport projects that matter most to their communities – this is levelling up in action.

“The Local Transport Fund will deliver a new era of transport connectivity. This unprecedented investment will benefit more people, in more places, more quickly than HS2 ever would have done, and comes alongside the billions of pound worth of funding we’ve already invested into our roads, buses and local transport services across the country.”

 

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