Skip to main content

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

  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
  • European Day of Awareness for road safety
    June 20, 2023
    June 20th is the European Day of Awareness for road safety.
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
  • A new bridge is planned for Brazil
    October 10, 2023
    A new bridge is planned for Bahia in Brazil.