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

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.”