§ Mr. DjanoglyTo ask the Secretary of State for Transport whether it is his policy that part of the capital cost of the proposed guided bus scheme should be paid by way of loan money raised by Cambridgeshire county council. [176260]
§ Mr. McNultyYes. The proposed Cambridge to Huntingdon Rapid Transit Guided Busway has been provisionally accepted for funding through Cambridgeshire county council's local transport plan settlement. As is usual with such major schemes (i.e. those costing more than £5 million) the funding will comprise 50 per cent. grant and 50 per cent. supported borrowing.