Centre for Cities response to the Pre-Budget Report

Date: 09/12/2009
In response to the announcements in today's Pre-Budget Report, Dermot Finch, Chief Executive of the Centre for Cities said:

"Transport and housing budgets always get cut in a spending squeeze. Above-inflation increases for frontline school, hospital and police budgets will mean real and deep cuts for infrastructure. 

"Looking forward, our cities will need other new sources of investment funding, through more flexible borrowing and other measures like Tax Increment Financing. The PBR said the Government will continue to look at these options. We support that, and want to see a real commitment to new sources of investment by the Budget."