Glasgow subway receives finance boost
Additional funding to upgrade Glasgow’s subway system has been agreed by Scottish Government Ministers.
Although figures have yet to be released, a ‘substantial capital contribution’ will be made to Strathclyde Partnership for Transport’s (SPT) modernisation proposals. Described as a major step forward, leaders hope this funding will help SPT to raise additional finance from other sources.
Finance Secretary John Swinney said: “We believe this announcement when combined with the Scottish Government’s ongoing capital grant provides sufficient reassurance for SPT to raise funds from other sources and progress with the subway modernisation now. We recognise the central role the subway plays in the economic life of Glasgow and Scotland by helping people go about their business effectively, providing vital connections around the city and making onward connections. It’s role in providing a resilient form of transport was also demonstrated during the recent severe weather.
“SPT’s long term modernisation proposals will include new trains, new automated signals, refurbished stations with improved accessibility and smartcard ticketing – all essential upgrades to make Glasgow’s subway fit for the 21st century.”
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