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 survey finds bad driving makes you less attractive
    August 27, 2015
    Bad driving makes people significantly attractiveness to potential partners, with women finding it especially so, according to a recent UK survey. Many people have wondered if poor driving skills put a dampener on romance and the survey from the Institute of Advanced Motorists appears to confirm this. Bad drivers were found to be 50% less attractive than motorists with good skills.
    Read More
  • The radically changing face of UK highways management
    May 14, 2014
    The British Government policy paper ‘Action for Roads: A network for the 21st century’ sets out radical change to the strategic way roads are funded and managed – including plans to turn the Highways Agency into a Government-owned company and a pledge to invest over €33.4 billion (£28 billion) in roads maintenance between 2015 and 2020. Jenny Moten, Highways Agency divisional director for Network Services, gave a keynote presentation on the new approach to strategic highways management during the Road Safet
    Read More
  • Construction equipment market to grow - CEA report
    February 29, 2012
    The UK’s Construction Equipment Association attracted a large audience for its annual general meeting.
    Read More
  • Report reveals Russia requires heavy road investment
    May 18, 2012
    A report by Goldman Sachs reveals Russia’s requirement for further infrastructure investment. The report, Russian Infrastructure and Construction, shows that investments in transport corresponded to 1.5-1.7% of GDP in 2005-2010. For Russia’s total infrastructure needs, including power networks and communications, spending equated to 3.7-4.3% of GDP. But the report shows Russia should allocate at least 3.5-4.5% of its GDP to infrastructure while maintenance of existing infrastructure should make up about 50%
    Read More

Highlighted Content