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Chancellor promises funding for transport in Spending Round speech
Chancellor promises funding for transport in Spending Round speech

Chancellor promises funding for transport in Spending Round speech

The Chancellor declared the “end of austerity” when delivering his Spending Round 2019 speech, which included investment for the transport sector.

Sajid Javid said the government is “turning the page on austerity and beginning a new decade of renewal.”

A number of commitments were set out in the Chancellor’s Spending Round speech for a variety of sectors; money has been set aside for the NHS, public services, Brexit funding, armed forces and policing.

Infrastructure is a big priority too and Mr Javid said the government will settle for “nothing less than an infrastructure revolution.”

This includes improvements such as faster broadband and quicker mobile connections.

For transport, it means cleaner and greener travel, with better trains and buses to connect the cities in the north.

In his speech, Mr Javid confirmed funding for the Manchester to Leeds line of Northern Powerhouse Rail (NPR); this follows a pledge from the Prime Minister in the first few days of his reign – the Chancellor said more details will be set out in the autumn as part of the new infrastructure strategy.

Elsewhere in the Spending Round speech, it was confirmed that a £490 million increase in the transport network will assist businesses, people, good and travel around the country.

Extra funding will ensure buses are more environmentally friendly, while there will be investment in rail track maintenance so journeys are more reliable.

In terms of transforming bus services, Mr Javid said that the government will “put the wheels back on the Great British Bus with more than £200 million to transform bus services around the country. We’re funding ultra-low emission buses and will trial new, on-demand services to respond to passenger needs in real time.”

With decarbonisation and air quality such important issues in the context of the climate emergency, the Chancellor has promised a £90 million funding boost.

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