Section highlightLand Transaction Tax
Land Transaction Tax will replace UK Stamp Duty Land Tax in Wales.
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Written Statement - Allocation of Regional Transport Consortia Grant funding
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Ieuan Wyn Jones, Deputy First Minister and Minister for the Economy and Transport
I am announcing my decision on the allocation of funds to support Regional Transport Consortia in 2011-12 at 3pm today.
Following the approval of the four Regional Transport Plans in December 2009, and funding allocations in FY2010-11, the Regional Transport Consortia have submitted a further round of proposals to deliver the aspirations identified in their Plans in FY2011-12 including proposals to improve Road Safety.
I am pleased to announce that a Regional Transport Consortia Grant of £27.01 million will be apportioned as follows:
- Sewta £11.456 million
- SWWITCH £6.128 million
- Taith £6.067 million
- TraCC £3.359 million
The allocation will deliver schemes to support the Regional Transport Plans and improve Road Safety in Wales.