Our Manchester accountants have learned of even more planned spending on transport infrastructure in the city, including more updating and upgrading of the Metrolink network.
Metrolink frequently divides opinion among Mancunians – some welcome the regular services and fairly fast journey times, while commuters often find the reliability of the service to be inadequate.
Overcoming the problems with Metrolink, so that it can deliver its full economic potential to residents and the local business community, will of course require investment.
And in a recent announcement from 10 Downing Street about the creation of Growth Deals to allow local authorities to contribute towards the UK’s economic future, that investment was outlined.
The statement cited £18 million of upcoming investment on Metrolink, updating the stations, putting 12 new trams on the tracks, and improving associated bus services.
Across Greater Manchester as a whole, this is part of £50 million of planned spending on transport infrastructure.
Our Manchester accountants welcome the news, which should help to make the flow of residents and visitors to the city easier in the years to come – with potential economic benefits for local businesses as a result.
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