East Mids cities take step closer to £60m transport funding
Local authorities across the East Midlands have been selected to bid for a share of an £840m fund to upgrade public transport links over the next four years.
A joint bid by Derby and Nottingham, along with Leicester, will receive £50,000 each to develop bids over the next year.
They will work closely alongside government to co-develop proposals to overhaul transport infrastructure in their communities, which could include projects such as developing smart technology to integrate bus, rail and cycling information, or investing in key corridors between communities where there is significant employment growth.
Some £60m from the fund will be made available over the next year to share across transport schemes aimed at tackling some of the challenges faced by communities, while the ten regions on the shortlist finalise their full proposals.
Over the next four years, the new allocation of funding will be used to improve links between city centres and suburbs in further city regions, increasing access to jobs and helping ensure that businesses have the infrastructure they need to thrive.