UK road sale idea

The UK’s new government is investigating its transportation options with regards to raising capital to help offset its budget deficit. One of the plans being put forward is the potential sale of trunk roads and highways to the private sector. Under the proposed scheme drivers would be able to use existing roads without tolls. However, the private sector owners would then charge the UK government a sum based on traffic volumes over a given period.
May 30, 2012 Read time: 1 min
The UK’s new government is investigating its transportation options with regards to raising capital to help offset its budget deficit. One of the plans being put forward is the potential sale of trunk roads and highways to the private sector. Under the proposed scheme drivers would be able to use existing roads without tolls. However, the private sector owners would then charge the UK government a sum based on traffic volumes over a given period.

Related Content

  • Are road tolls the economic answer?
    November 12, 2012
    Tolling has been widely promoted as the answer to future road needs by many economists. The fundamental principle of a toll road is comparatively easy to understand: a driver wants to get from here to there and pays a small sum for the privilege. Drivers generally prefer to access roads without having to pay but the sums involved in toll roads tend to be comparatively low. For all but the most parsimonious, parting with a few coins to use a stretch of highway in good order is comparatively painless, made ev
    Read More
  • UK road safety plan announced
    July 18, 2019
    A new road safety plan for the UK has been announced. This includes a major package of measures to reduce the number of people killed and injured on roads. The action plan is designed to improve safety for people at every stage of life – from infants in car seats to those with years of driving experience. It includes increased penalties for failing to wear a seatbelt one of 74 measures being considered. Failure to wear a seatbelt could result in penalty points as well as fines, under new plans t
    Read More
  • Angry UK councils want utility companies to pay for road closures
    August 17, 2016
    An umbrella body of 370 local authorities in the UK wants towns and cities to charge utility companies for digging up roads and disrupting traffic. The Local Government Association, representing English and Welsh members says too many roads are blocked due to lane closures because of digging to repair pipes and communication lines. The LGA said it should be easier for local councils to introduce lane rental schemes if needed, without the requirement to get approval from the central government. A la
    Read More
  • LagoonHull project put on hold
    February 8, 2023
    The plan by the UK city of Kingston upon Hull is to transform the city centre and river frontage running from the 2.2km-long, single-span suspension Humber Bridge.
    Read More

Highlighted Content