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Lincolnshire to receive ‘much-needed’ £262 million boost for transport funding

The government has announced that Lincolnshire will receive more than £262 million in transport funding through reallocated money from the cancelled HS2 project. The funding will be distributed over seven years, meaning Lincolnshire will receive around £37 million each year from 2025.

More than £1 billion of reallocated HS2 funding will be invested directly into the East Midlands in total. Other areas benefitting from the funding include Rutland, Leicester, Leicestershire, North Northamptonshire and West Northamptonshire.

Prime Minister Rishi Sunak says this “unprecedented” investment will “benefit more people, in more places, more quickly than HS2 ever would have done”. Local leaders will be able to decide what is done with the money and the Prime Minister has called on Ministers and MPs to hold local authorities to account to ensure the funding is used appropriately.

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Secretary of State for Transport, Mark Harper MP, visited Lincoln on Monday, February 26 to announce the funding. He said: “What we’ve announced today means that Lincolnshire County Council have got a very significant amount of money that they can then make decisions themselves about transport priorities for the county. This is a game-changing amount of money that opens up a number of options for them about what they can deliver.

“They can take some of their own money that they’ve got, some of this capital investment, and make some really important decisions that will improve transport for people across Lincolnshire. They’re fizzing with ideas about things they can spend it on and we’re now giving them the means to deliver those things for the benefit of Lincolnshire residents.”

Mr Harper was joined by Lincolnshire County Council’s executive member for highways, Councillor Richard Davies, and Lincoln MP Karl McCartney who both welcomed the news. Asked how the money will be spent, Councillor Davies said: “It’s about looking at where we can deliver real impact across the county.

Lincolnshire County Council's executive member for highways, Councillor Richard Davies
Lincolnshire County Council’s executive member for highways, Councillor Richard Davies

“We already have advanced plans. We have a five-year programme of projects. I suspect there will be a combination of building some new things big and small, and a lot of maintenance.

“Potholes are going to be a significant spend but we are going to look at other things like public transport to see if there’s ways we can use some of this money to make a long term impact for the people of Lincolnshire. It’s a lot more money than we expected but it’s money that is much-needed.”

Mr McCartney added: “Transport is very important to the city I have the privilege of representing and actually very important to the whole county of Lincolnshire. I know that the money will be spent wisely whether that’s improving roads or bus services”

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