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
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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