The Mayor of London, Boris Johnson, has announced over £25m investment for transport schemes across London’s northern boroughs.
Mayor of London, Boris Johnson said “The money is being distributed to support schemes to make roads safer, smooth traffic flow, rejuvenate town centres and improve facilities for cycling and walking.”
The funding has been allocated by Transport for London (TfL) through the Local Implementation Plan (LIP) process for the boroughs to spend on projects that support the Mayor’s Transport Strategy. The pan-London £147m funding package in 2012/13 will finance a range of transport projects, including £1m for the Wood Green Major Scheme in Haringey, which will make urban realm improvements to the town centre, focusing on pedestrian and cycling accessibility, tackling traffic congestion, road safety, bus service reliability and parking and loading issues
The funding was previously forecast to reduce year on year to reflect the reduced general grant TfL receives from the Department for Transport. However, because of the importance of the boroughs in delivering the priorities of Mayor’s Transport Strategy, the funding has been kept at a consistent level to 2013/14.
Borough by Borough
Waltham Forest £4,441,000