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<p>The Department for Transport (DFT) is currently in discussions with Nexus regarding
their proposals for new rolling stock on the Metro. DfT and HM Treasury officials
are working with Nexus to understand the business case for the replacement of the
current fleet and exploring various funding options.</p><p> </p><p>The Department
for Transport continues to support the Metro by providing £317m through the 10 year
Asset Renewal Programme to 2021 which delivers significant investment in infrastructure,
stations and rolling stock. This is in addition to the £25m we provide annually by
way of revenue support to help fund the day to day operation of the Metro.</p><p><strong>
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