EEF report calls for more UK road investment

Investment in roads should be the UK’s transport spending priority, according to a report by the EEF. The employers' body's Transport for Growth survey found that 80% of manufacturers see the road network as vital to their business, with 50% revealing that operating costs are increasing substantially due to the condition of the road network. Meanwhile Roger Salomone, the EEF’s head of business environment policy, noted that a mere 6% of firms regard the rail network as a priority, despite the fact investmen
April 8, 2013 Read time: 1 min
Investment in roads should be the UK’s transport spending priority, according to a report by the EEF. The employers' body's Transport for Growth survey found that 80% of manufacturers see the road network as vital to their business, with 50% revealing that operating costs are increasing substantially due to the condition of the road network.

Meanwhile Roger Salomone, the EEF’s head of business environment policy, noted that a mere 6% of firms regard the rail network as a priority, despite the fact investment in this area attracts 30% more government cash. The report is also said to have uncovered ambivalence among manufacturers to the €37.91 billion (£32 billion) High Speed 2 rail scheme.

Related Content

  • More satellites, more signals
    July 20, 2012
    Greater GPS accuracy suggests closer tolerances for surveying and machine control functions What happens in the future for GPS surveying and machine control could depend on satellite choice and signals. Right now there are around 30 satellites in orbit, largely built by the US, but by 2012 that could rise to 120 as Europe, China, India and Russia fully enter the market. A chequered history has faced the European's Galileo system. At long last, the finance appears to be in place and the European Commission a
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Contractor Strabag reports strong performance
    April 30, 2013
    Austrian contractor STRABAG reports healthy earnings before interest and taxes (EBIT) of €207 million in 2012. This figure beats the firm’s own expectations and the expectations of the market. Net income after minorities stood at €61 million, showing an expected considerable decrease of 66.67% compared to the year before. “An output volume of €14 billion in 2012 – that’s nothing to complain about. With €13.2 billion, the end-of-the-year order backlog is also nearly exactly at the pre-crisis level of 2008, s
    Read More
  • The road to climate change mitigation starts at Highways UK
    February 17, 2020
    David Arminas explored climate change innovation on display at Highways UK in Birmingham, England
    Read More

Highlighted Content