Local transport funding at risk as Reeves considers big budget cuts

Exclusive: England mayors fear bus, tube and tram plans could be scrapped if Treasury reneges on agreed budgets

Hundreds of millions of pounds of local transport funding in England could be cut in next week's spending review despite having been agreed with regional mayors, putting bus, tube and tram improvements at risk.

The mayors, most of whom are Labour, are engaged in a last-minute lobbying campaign to stop the Treasury raiding their transport budgets as Rachel Reeves looks for immediate savings.