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

  • Shortlist set for Lower Thames tunnel work
    April 9, 2021
    Bam Nuttal, Bouygues, Dragados and Hochtief are in the running for the UK project.
    Read More
  • IRF World Congress: Road user charging
    October 16, 2024
    Where will the money come from to develop and maintain tomorrow’s sustainable road network, no mater in what nation? This was the focus of another session at the IRF World Congress in Istanbul of day of the three-day event.
    Read More
  • Smart motorway project for UK’s M3
    July 23, 2014
    Balfour Beatty is to work on a €163.5 million (£129 million) upgrade project for a 21.4km stretch of the M3 motorway in the UK. The work involves upgrading the route to smart motorway status and is being carried out for the UK Government’s Highways Agency. This project will increase capacity, reduce congestion and shorten journey times for the 120,000 motorists/day using the route. This section of the motorway runs through the counties of Hampshire and Surrey, between Junction 2 which is interchange with th
    Read More
  • CEA’s infrastructure suggestion to UK Government
    July 22, 2014
    A letter by the Construction Equipment Association (CEA) to the UK Government highlights the need for infrastructure investment. According to the letter, the UK does not have a good track record of identifying, planning and delivering major infrastructure projects. It says that infrastructure to support growth is identified too late and a protracted decision-making process has led to policy reversals in key areas such as energy and transport. The CEA makes clear the need to end such a short-term, damaging c
    Read More

Highlighted Content