Transport bosses 'plug' huge budget black hole

MORE THAN £80m SAVINGS IDENTIFIED

- GURDIP THANDI Local Democracy Reporter

A HUGE black hole in the budget for the West Midlands transport network has been mostly plugged.

Finance bosses at West Midlands Combined Authority (WMCA) said a projected £119.8m gap in the 2026/27 budget had been reduced to £38.3m. with further measures to be put in place to cut it further next year.

Members of the WMCA Board were told a series of measures already taken such as generating efficiencies and using flexibilities to transfer capital funding to revenue had helped to claw back the deficit.