Department for Transport: Cost Effectiveness

(asked on 4th June 2015) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to the statement by HM Treasury of 4 June 2015, if he will publish a map of the land to be sold in the vicinity of King's Cross station; how he intends to achieve the other £200 million of savings expected from his Department in 2015-16; and from which cost headings such savings will be made.


Answered by
 Portrait
Claire Perry
This question was answered on 9th June 2015

A map of the land to be sold in the vicinity of Kings Cross station is attached. The £200 million of other savings to be made in 2015-16 are as follows:

£124 million from reduced contingency;

£31 million reduction in grant to Transport for London;

£23 million from Cycling Cities Ambition budget;

£16 million from Regional Air Connectivity fund;

£5 million from the Stations Commercial Projects Facility;

£1 million from Sheffield Tram-Train project.

The return of expected 2015-16 underspends on these projects does not mean that they have been cancelled.

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