Plans for a new Local Sustainable Transport Fund were announced yesterday by Local Transport minister Norman Baker.

It will challenge local transport authorities outside London to develop packages of measures that support economic growth and reduce carbon in their communities as well as delivering cleaner environments, improved safety and increased levels of physical activity. 

Measures could include encouraging walking and cycling, initiatives to improve integration between travel modes and end-to-end journey experiences, better public transport and improved traffic management schemes.

The Government also announced that, in line with its localism agenda, it intends to pool the centrally funded local transport grants to create fewer but larger funding streams which are largely formula based.

For further details please see the DfT website