KHOODEELAAR! TOLD YOU SO: "DfT to cut spending by a third”, news report 29 July 2009

DfT to cut spending by a third, says media report

Ben Cook, Regen.net, 29 July 2009

The Department for Transport's spending on transport projects in the eight years to 2018/19 will be almost a third lower than set out in a projection two years ago, according to a press report.

The DfT will reduce spending by a total of £28.9 billion between 2011/12 and 2018/19, says the report, which attributes the data to "internal Department for Transport figures".

The 2007 Comprehensive Spending Review projected spending of £88.1 billion during the period, but this will be cut to £59.2 billion, according to the report.

The cut in spending casts doubt on the DfT's ability to fund major infrastructure upgrades such as Crossrail, the report in New Transit magazine says.

But a spokesman for the DfT said: "The future budgets of the DfT have not been set yet - they will be set during the next Comprehensive Spending Review."

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