sprinterguy
Established Member
Hopefully, this can mean only good news for the railways:
Road infrastructure projects 'likely to lose out' in new funding formula
David Hickey, Regen.net, 21 September 2010
Road infrastructure projects are more likely to lose out from a new formula being developed to appraise transport schemes, a junior minister has said. Speaking at a Liberal Democrat party conference fringe meeting, parliamentary under-secretary for transport Norman Baker said that a "revision" of how transport projects are appraised is ongoing at the Department of Transport and that a new formula would emerge following the 20 October Comprehensive Spending Review.
He said the new formula would "eliminate some of the nonsense" of the current New Approach to Appraisal. Baker added that in "broad terms", the new formula would "help public transport schemes and disadvantage road schemes". Baker has previously criticised assessments of rail projects in Scotland and Wales for being "completely wrong" after they underestimated passenger demand for such schemes.