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

  • The importance of road maintenance
    July 15, 2015
    Gülay Malkoc discusses the importance of investing in road maintenance.
    Read More
  • Investing in road transport boost economies
    April 30, 2015
    Transport investment faces a shortfall that can perhaps never be breached – David Arminas writes There “will never be sufficient funds for all planned road activities,” said Ben Gericke, transport specialist at The World Bank. The road maintenance industry is going to have to use the best possible contract strategy to win the investment it needs. Speaking at the PPRS Paris 2015 Pavement Preservation and Recycling Summit, Gericke said that the best way for the global highway construction and road maint
    Read More
  • ALARM Survey: UK maintenance backlog continues despite funding boost
    March 23, 2016
    Highways departments in England and Wales have yet to feel the benefit of the UK government’s commitment to spend €7.6 billion (£6 billion) on local road maintenance between 2015 and 2021. In fact, overall road budgets have dropped by 16%, according to the annual Local Authority Road Maintenance (ALARM) survey of highway bosses in England and Wales, conducted by the Asphalt Industry Alliance. This is reflected in the increase in average budget shortfalls – the difference between the money needed to ma
    Read More
  • Meet Die Autobahn des Bundes
    November 8, 2021
    Only recently has Germany created a central organisation to maintain and develop the nation’s 13,200km of motorways, called autobahns. Moving from 16 state-run operation centres to one lead centre is a challenge but essential, says Gerd Riegelhuth.
    Read More

Highlighted Content