Skip to main content

UK government releases second tranche of funding

Congested roads across England are to be tackled with US$253 million of funding, UK transport secretary Patrick McLoughlin has announced. This is the second tranche of funding from the US$291 million Local Pinch Point Fund, first announced in December 2012. A further 62 schemes have won department funding, bringing the total number of schemes financed by the fund to 72. Combined with local contributions, the total investment rises to more than US$460 million.
June 5, 2013 Read time: 2 mins
Congested roads across England are to be tackled with US$253 million of funding, UK transport secretary Patrick McLoughlin has announced.

This is the second tranche of funding from the US$291 million Local Pinch Point Fund, first announced in December 2012. A further 62 schemes have won department funding, bringing the total number of schemes financed by the fund to 72. Combined with local contributions, the total investment rises to more than US$460 million.

The successful schemes being just announced include improvements and upgrades to vital roads and bridges, new access routes and enhancements to address congestion at local traffic hotspots. Many of the schemes will help enhance provision for buses, as well as improving facilities for cycling and walking.

Patrick McLoughlin said: “This government is taking action on both jobs and growth. The schemes we have announced today are designed to target key bottlenecks around the country, making life easier for the thousands of motorists and businesses who use the local road network every day. I look forward to seeing works underway as soon as possible.”

Related Content

  • EU releases funds for key TEN-T projects
    November 30, 2012
    The European Commission has launched two Calls for Proposals under the 2012 Trans-European Transport Network (TEN-T) multi-annual and annual programmes, making over US1.5 billion available to finance European transport infrastructure projects in all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent transport systems, in all EU Member States. Commission Vice President Siim Kallas, responsible for transport, said: "In making this considerable amount of funding a
  • £3.4m active travel funding for Manchester
    January 5, 2023
    Money lasts for one year and will help UK city with cycling and walking infrastructure
  • Report on the impact of recession on infrastructure funding worldwide
    May 10, 2012
    A new report examines how aggressive government belt-tightening and financial market deleveraging restrained worldwide infrastructure investments for 2012 and probably for the next five years. In the US, for instance, Infrastructure2012: Spotlight on Leadership, released by the Urban Land Institute (ULI) and Ernst & Young, says that constrained public budgets and a growing recognition at the local level of the importance of infrastructure, combined with lack of action at the federal level, are causing state
  • UK set to lead the way for smart cities
    January 20, 2014
    Government, cities, businesses and universities are joining forces to make sure the UK is leading the global race to develop smarter cities. A new forum led by government, will see local authorities and businesses working together to ensure that growth opportunities are not missed in a market estimated to be worth more than US$400 billion globally by 2020. The Smart Cities Forum, co-chaired by Universities and Science Minister David Willetts and Cities Minister Greg Clark, will develop plans to support t