Transport for the North: Finance

(asked on 17th March 2022) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to the Answer of 10 March 2022 to Question 135448, what the numerical financial difference will be as a result of the funding previously provided to TfN to contract Network Rail and other stakeholders now flowing directly through the Department.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
Minister of State (Department of Health and Social Care)
This question was answered on 22nd March 2022

In financial year 2021-22, Transport for the North (TfN) was allocated £25m for Network Rail’s continued development of Northern Powerhouse Rail.

As we move to the new delivery model, Network Rail will now be funded through the Department’s Rail Network Enhancement Pipeline funding processes.

The forecast for Network Rail for development work in financial year 2022-23 is £25m.

As per my answer on 10 March, this funding is separate to TfN’s core funding which totals £6.5m for financial year 2022-23, a rise of £500,000 on the previous year. This financial settlement will enable TfN to effectively deliver its statutory functions in the coming financial year.

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