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Economic Development

Budget 2020: East Midlands road, rail and cycleways get much needed boost

£200m for green transport in the East Midlands and £20 million to build business plan for £20bn of rail investment

Leicester Station from London Road

Cities across the East Midlands have been allocated almost £200 million in the Budget to implement greener transport links.

Chancellor of the Exchequer Rishi Sunak said Derby, Nottingham and Leicester, will receive a share of the Government’s Transforming Cities Fund to support a range of schemes by 2022-23.

Derby and Nottingham has been allocated £161 million, which includes more than £25 million for buses in Derby and more than £10 million for a new cycle route between Nottingham, Derby and East Midlands Airport.

Leicester has been allocated £33 million, including £8 million - announced a year ago - for the development of a sustainable transport corridor from St Margaret’s bus station in the city centre to Birstall on its northern outskirts.

It is understood that those plans include two major projects, focusing on creating an extensive cycling network and bike hire scheme and bringing in a fleet of electric buses on one of the city’s three Park and Ride routes.

Opposition MPs listen as Chancellor Rishi Sunak delivers his 2020 Budget in the House of Commons (Image: House of Commons/PA Wire)

Derby and Nottingham submitted its joint submission to the Department for Transport for the Transforming Cities Fund cash last month.

The fund is designed to improve connections between major employment sites and promote active travel and public transport.

Plans by Derby City Council involve creating a dedicated mass transit link, with an electric Rapid Transit route running directly across the city centre, linking key intra-city destinations and public areas.