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TRANSPORT BUDGET FACES£3BN CUT

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The UK government is facing a£3bn cut in its transport budget unless it can convince the rail regulator to defer a...
The UK government is facing a£3bn cut in its transport budget unless it can convince the rail regulator to defer an increase in charges to train-operating companies, which are partly met by the state, reported The Business (p2).

The deadline for the government to present its case for a two-year postponemnt to rail regulator Tom Winsor is next Sunday.

Bus services, station refurbishments and freight grants could face the axe if a proposed hike in track access charges are not deferred for two years.
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