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.

For more information on companies in this article

Related Content

  • Russian road-building industry on verge of massive cuts
    June 10, 2015
    Russia’s road building programme looks set to be cut due to economic issues - Eugene Gerden writes The Russian Government is considering a significant cut to the existing road building programme for the current year. This is due to a current economic crisis in the country, caused by Western sanctions as well as a collapse in the price of oil and gas.
    Read More
  • UK contractors group CECA says infrastructure workload dips
    November 11, 2015
    Britain’s Civil Engineering Contractors Association has warned of declining infrastructure workloads despite indications that the UK is climbing slowly out of the global economic downturn. The slump in infrastructure workloads is a “surprise”, according to a statement by the CECA. The CECA survey of companies that build and maintain the UK’s vital transport and power networks also comes just as the government launched the National Infrastructure Commission to oversee more than €140 billion of spending o
    Read More
  • Road maintenance crisis hits UK and US, as experts gather in Paris
    January 9, 2015
    The road maintenance crisis in the United Kingdom and the United States is deepening amid estimates that it will take millions of dollars to stop highway infrastructure from crumbling, including falling prey to potholes. A recent report by the BBC in the UK said that at least one municipal council, the city of Leeds, is facing a bill of nearly US$153 million to patch up its potholed roads. In the United States, Senator Bernie Sanders is t
    Read More
  • Pothole damage to be repaired
    February 21, 2012
    Councils in England will be given more than £100 million (€e117 million) of extra funding to spend on repairing potholes, Transport Secretary Philip Hammond has said.
    Read More

Highlighted Content