Day: 12 November 1999
Data shows that M4 Bus Lane speeds up travel times
The dedicated bus lane on the M4 motorway between Heathrow and Central London has actually decreased journeys rather than slowing them down. Data from the Transport Research Laboratory (TRL) proves that John Prescott's highly-criticised pilot project is working.
UK fuel tax earmarked for public transport but automatic fuel tax increases dropped
The UK Chancellor's commitment to annual and automatic fuel tax increases has come to an end, but he has stated that above-inflation revenue from future fuel tax increases will be ring fenced for spending on public transport and roads modernisation.
UK Climate Change Levy: renewables, CHP granted exemption but revenue will be lower than forecast
The UK Chancellor has published his Pre-Budget Report with details of changes to the proposed Climate Change Levy. Pressure from industry has led to a levy rate reduction and an increased discount for energy-intensive sectors.
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