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Report prepared by Volterra Partners for TfL and TFGM calls for transport funding reform

logo (large)Transport for London and Transport for Greater Manchester recently commissioned Volterra to produce a report looking at long term investment in transport in cities. The report investigates how the current approach to evaluating and funding transport projects is likely to lead to ‘damaging underinvestment’ and calls for more devolved decision making capabilities for cities giving them more control over the planning and building of new transport infrastructure. The report highlights a mismatch between central government’s ambition to boost jobs growth and economic prosperity in cities and the current system used to prioritise transport investment and funding. Transport is crucial to a city’s potential that in turn drives the economic growth of the country. The report goes on to recommend a new focus on a transport project’s ability to create jobs and growth and how this will pay back any original investment. The report has been met with support by other city and transport leaders from Birmingham, Leeds and Sheffield. Read the full report here.

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ELLIE EVANS

Partner

e: eevans@volterra.co.uk
t: +44 020 8878 6333

Ellie is a partner at Volterra, specialising in the economic impact of developments and proposals, and manages many of the company’s projects on economic impact, regeneration, transport and development.

With thirteen years experience at Volterra delivering high quality projects to clients across the public and private sector, Ellie has expertise in developing methods of estimating economic impact where complex issues exist with regards to deadweight, displacement and additionality.

Ellie has significant experience in estimating the economic impact across all types of property development including residential, leisure, office and mixed use schemes.

Project management of recent high profile schemes include the luxury hotel London Peninsula, Battersea Power Station and the Nova scheme at London Victoria. Ellie has also led studies across the country estimating the economic and regeneration impact of proposed transport investments, including studies on HS2 and Crossrail.

Ellie holds a degree in Mathematics and Economics from the University of Cambridge.