Think tank warns DfT may face cuts in budget fallout
There’s a warning that the Department for Transport may be in line for cuts in the future because the tax rises in the budget will not raise as much as forecast. The Institute for Fiscal Studies analysis says the increase employer national insurance contributions announced on Wednesday will not raise “anything like” the £25 billion […]
Transport projects to be paused in Cambridge after £200m predicted cost
Two transport projects have been paused by a council partnership after construction costs were expected to be more than £200m across its portfolio. The Greater Cambridge Partnership (GCP), external board agreed to pause the Cambridge South East Transport (CSET) scheme and plans to build a Foxton travel hub, reports the BBC. Inflation and its impact on construction meant […]
Edinburgh tram enquiry’s costs rise, and report delayed
Building Edinburgh’s tram system cost significantly more, and took years longer than originally expected, and now the enquiry into why it happened is going the same way. The Scotsman newspaper reports that the 2021-22 Scottish Budget shows a further half a million pounds has been set aside for the enquiry work, pushing the overall cost […]