Transport: Finance
The question
To ask the Secretary of State for Transport, whether she has made an assessment of the potential merits of moving to multi-year funding settlements for local authorities to support long-term transport infrastructure investment.
Answered by Simon Lightwood
This government is committed to providing greater stability to local government by giving councils multi-year funding settlements and ending wasteful competitive bidding.
Funding to local authorities for transport in future years is being considered as part of the current Spending Review, the outcome of which will be confirmed in due course.
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