UUK Competition and Markets Authority規制当局2026-10-06 20:01
The Subsidy Advice Unit (SAU) has accepted a request for a report providing advice to the Department for Environment, Food and Rural Affairs (Defra) concerning its proposed subsidy to the Canal & River Trust (the CRT).
UUK Competition and Markets Authority規制当局2026-10-06 20:01
The CRT as established as a charitable organization in 2012 to succeed British Waterways and assume responsibility for the management of around 2,000 miles of inland waterways across England and Wales.
UUK Competition and Markets Authority規制当局2026-10-06 20:01
6 October 2026: The SAU has accepted a request for a report from Defra concerning the proposed subsidy to the CRT. This request relates to a Subsidy of Particular Interest.
UUK Competition and Markets Authority規制当局2026-10-06 20:01
The proposed agreement will begin in 2027 and end in 2037, starting with a grant of £49.99 million in 2027 to 2028, and tapering downwards by 5% in each subsequent year (the grant award for 2036 to 2037 will therefore be £31.51 million in nominal terms).
UUK Competition and Markets Authority規制当局2026-10-06 20:01
Defra is proposing to award a subsidy in the form of grant funding to the CRT to support their work in maintaining the inland waterways network while it reduces its reliance on government funding.
UUK Competition and Markets Authority規制当局2026-10-06 20:01
The CRT has around 1,600 employees across England and Wales and is also supported by volunteers who undertake a wide variety of activities on the waterway network including lock operation, towpath clean-ups and minor maintenance.
UUK Competition and Markets Authority規制当局2026-10-06 20:01
The Subsidy Advice Unit (SAU) has accepted a request for a report providing advice to the Department for Environment, Food and Rural Affairs (Defra) concerning its proposed subsidy to the Canal & River Trust (the CRT).