Local pinch point fund
This fund will boost economic growth by tackling barriers on the local highway network that may be restricting the movement of goods and people.
Background
The Budget 2018 announced the creation of a £150 million fund for high-impact schemes to help address congestion pinch points and to reduce congestion on local roads. Following on from this, in the summer of 2019 the Government invited local authorities to bid for a share of this fund, with £75 million to be awarded in each financial year 2021 to 2022 and 2022 to 2023.
Aims
The fund aims to boost economic growth by tackling barriers on the local highway network that may be restricting the movement of goods and people, and it will operate in two stages. This first stage of the application process asked local authorities to submit brief expressions of interest (referred to as 'bids') by 31 January 2020. Worcestershire County Council submitted two bids.