Skip to main content

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

  • UK equipment sales bounce back in June
    July 25, 2023
    UK sales of construction equipment in June were 8 percent above the same month last year according to the UK trade body Construction Equipment Association.
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
  • CONEXPO Russia is rouble rouser
    July 19, 2012
    Huge investment in new and existing Russian transport infrastructure has created a wealth of commercial opportunities for major construction equipment manufacturers as Guy Woodford discovered at the recent CTT 2012/CONEXPO Russia exhibition A 20% rise in visitor numbers and a 15% increase in exhibitors at this year’s CTT 2012/CONEXPO Russia, compared to 2011 show levels, illustrated the attraction of big infrastructure project spending in Russia to the world’s largest construction equipment companies.
  • Italian manufacturer body Unacea reveals machine exports
    October 31, 2014
    The Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013. Over the first nine months of 2014, construction equipment sold in the Italian market sto