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Transport: Finance

Treasury written question – answered on 9th September 2019.

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Photo of Douglas Chapman Douglas Chapman Shadow SNP Spokesperson (Defence Procurement & Nuclear Disarmament)

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of the recommendation of the National Infrastructure Assessment to provide devolved, long-term transport funding to all city regions.

Photo of Rishi Sunak Rishi Sunak The Chief Secretary to the Treasury

The government is carefully considering the National Infrastructure Commission’s recommendations, including on transport funding for cities. It is already investing significantly in intra-city transport with the £2.5 billion Transforming Cities Fund set up in 2017 which provides devolved funding to six Mayoral Combined Authorities outside of London and competitive funding to up to twelve shortlisted city regions.

The National Infrastructure Strategy will be published later in the autumn setting out the government’s assessment of the NIC’s recommendations, alongside ambitious plans for future capital spending.

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