Skip to content
Sunday 16 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 08 March 2017 1:22 pm

Budget 2017: Local authorities encouraged to tackle city congestion in £690m competition

By: Rebecca Smith

Add as a preferred source on Google

In the battle to tackle urban congestion, Philip Hammond will create a £690m competition for local authorities to address the issue and get local transport networks up and moving. 

He also repeated the £220m announced in the Autumn Statement that will be invested to tackle pinch points on national road networks – this includes £90m to the north and £23m to the Midlands.

Transport secretary Chris Grayling will be providing further detail on these imminently.

Read more: Sterling dips as markets brace for Philip Hammond's Budget

The chancellor announced the Midlands Engine strategy will be published tomorrow – the productivity plan to make the east and west Midlands a hub for growth in the UK economy.

The government wants to rev up the Midlands and add an extra £34bn to the region's economy by 2030, creating 300,000 extra jobs.

Read more: Live: Philip Hammond prepares to deliver the Budget

Hammond also committed to supporting local projects in the 12 months including improvements to the A483 corridor in Cheshire and the Leicester Outer Ring Road.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics
  • Transport & Infrastructure

Trending Articles

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • Revolut takes flight with launch of new airport lounges

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

More from Morning Wire

  • Andy Burnham must shake Britain out of ‘analysis paralysis’ and get building

    Opinion
    Andy Burnham speaking at a public event, addressing the audience with a focused expression, highlighting his leadership role.
  • Burnham accused of imposing ‘top–down’ devolution 

    Politics
    Andy Burnham speaking at 10 NORTH event, gesturing while discussing devolution plan.
  • Devolution will create losers too

    Opinion
    Andy Burnham discussing Manchesters Bee Network public transport initiative at a city council event.
  • Luton Airport expansion set for take-off after environmental challenge dismissed

    Transport & Infrastructure
    Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations
  • Burnham’s plea to City chiefs: let a young person shadow you at work

    Politics
    Andy Burnham, Mayor of Greater Manchester, smiling and wearing glasses outdoors.
  • Can John Healey deliver Burnham’s make-or-break devolution agenda?

    Economics
    John Healey, in a red tie, speaking with Andy Burnham, wearing glasses and a dark blue jacket, outdoors.
  • Burnham’s devolution drive could ‘push 90,000 jobs out of London’

    Economics
    In 2022, rolling Tube strikes led to massive queues for crowded buses. (Photo by Chris J Ratcliffe/Getty Images)
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook