CBI calls for privatisation of UK’s major roads

A leading industry body is calling for the UK’s motorway and main road links to be privatised and tolled. According to the Confederation of British Industry (CBI), introducing a plan for tolled roads and privatised motorways will be the only way to ensure these major links can be adequately funded in the future. By privatising some 1,600km of motorways, the CBI believes that there should be sufficient revenue for necessary repair and maintenance works. At present the UK’s Highways Agency faces a funding sho

October 8, 2012 Read time: 1 min

A leading industry body is calling for the UK’s motorway and main road links to be privatised and tolled. According to the 5179 Confederation of British Industry (CBI), introducing a plan for tolled roads and privatised motorways will be the only way to ensure these major links can be adequately funded in the future. By privatising some 1,600km of motorways, the CBI believes that there should be sufficient revenue for necessary repair and maintenance works. At present the UK’s 2309 Highways Agency faces a funding shortfall of €12.4 billion.

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ICE calls for more government action to boost road and rail investment

The Institution of Civil Engineers (ICE) has called on the British government to include measures to boost road and rail network investment in next month’s budget. ICE says the budget, set to be unveiled on 21 March, 2012, needs to encourage pension funds to invest in UK infrastructure projects. The government plans to establish an investment vehicle to pool pension fund assets for new projects under the National Infrastructure Plan. The Confederation of British Industry (CBI) estimates that upgrading the U

March 2, 2012

Action call for ''Britain's worn-our road markings''

Nearly a third of the length of Britain's single carriageway A roads have white lines so worn out that they do not meet recognised standards, according to the LifeLines Report, an assessment of more than 2,400km miles of the network.