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Light rail planned for Bristol

BRISTOL LOOKS like being the next UK city to get a light rail scheme after a proposed line was given Treasury backing.

The Bristol and South Gloucester rapid transit scheme was this week named as one of a handful of projects to be helped by the Treasury's new private finance trouble shooter - Partnerships UK.

The £105M line running from Almondsbury to Bristol city centre is likely to gain funding from PUK to help it secure the £40M private backing needed to build the scheme.

The Citylink consortium of Bristol City Council, Pell Frischmann, Norwest Holst and First Group have already gained agreement from Japanese bank Sumitomo to underwrite 60% of the funding for the scheme on the strength of future congestion charging revenues.

Citylink is expected to submit Transport & Works Act orders for Government approval within the next few weeks.

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