Communities across the UK will benefit from £840 million to upgrade public transport links, the Prime Minister has announced today (27 September 2018).
The shortlist of ten city regions marks the next stage of the £1.7 billion Transforming Cities Fund which under the government’s modern Industrial Strategy is supporting cities to make it easier, safer and quicker for people to travel and get to work by funding improved transport connections.
Local authorities in Derby & Nottingham, Leicester City, the North East, Norwich, Plymouth, Portsmouth, Southampton, Sheffield, Stoke-on-Trent and West Yorkshire will bid for a share of the funding.
The Transforming Cities Fund is already delivering major improvements for people across England. Six Mayoral Combined Authorities have already received a share of £840 million to deliver schemes such as the Brierley Hill tram lines extension in the West Midlands and £160 million towards the Beeline Cycle Network in Greater Manchester. Set to be the largest network of its kind in the UK, the proposal for 1,000 miles of interlinked bike and pedestrian lanes will connect communities across its 10 boroughs and help make cycling and walking a safer option for people living in the region.
Over the next four years, the new allocation of funding will be used to improve transport links in city regions, linking travel to work areas, increasing access to jobs and helping ensure that businesses have the infrastructure they need to thrive.
This funding could go towards upgrades such as new bus routes between residential areas and major employment hubs, smart technology aimed at reducing congestion, or rolling out docking stations for e-bikes.
Prime Minister Theresa May said:
Our great cities and their suburbs are home to millions of people and world-beating businesses.
We want to help them succeed, so as part of our modern Industrial Strategy we will fund £840 million of upgrades for better, safer, faster transport links.
These improvements to vital infrastructure will help spread growth beyond London and empower local businesses to create more, better-paying jobs – opening up more opportunities to help people get on in life and be rewarded for their hard work.
Transport Secretary Chris Grayling said:
Good bus, cycle and tram routes play a huge role in increasing the vitality and vibrancy of cities.
These 10 areas now have the chance to transform their transport systems – making it easier for people to get around and enhance links to work, school or shops.
The ten shortlisted city regions will each receive an initial £50,000 as well as bespoke support from government to co-develop the strongest cases for investment. Once finalised, funding decisions will consider the relative strength of each bid and their impact on improving connectivity, supporting employment and driving up productivity.
While the city regions finalise proposals, £60 million from the Fund will be made available over the next year to share across transport schemes aimed at tackling head on some of the most pressing challenges faced by communities.
The projects supported by the Transforming Cities Fund will also help progress the government’s mission to radically improve the ways in which people, goods and services move around the country through its Future of Mobility Grand Challenge.
Under this commitment, the UK will become a world leader in cutting-edge clean technology and reduce greenhouse gas emissions, whilst also making travel safer, improving passenger journeys and presenting enormous economic opportunities for the UK.