The only way to ensure the long-term health of the UK’s ailing roads network and plug a £10bn funding shortfall is to wrest control away from the government, a new CBI report has claimed. With the economy already losing up to £8bn a year in congestion related costs, the report, titled: ‘Bold thinking: a model to fund our future roads’, makes the case for something along the lines of what has taken place in the UK’s utility sector. This would […]
Any charges for using the new Lower Thames Crossing must be similar to those at Dartford if the new route is to effectively relieve congestion, the FTA has warned.
Pressure is mounting on the DfT and Treasury to ringfence the money raised by the HGV Road User Levy for the benefit of the road transport sector. The levy, which could begin in April 2014 if approved by Parliament, and will see operations pay a daily charge of up to a £10 or a maximum of £1,000 a year per truck to use of UK roads, is expected to raise net revenues of £20m. Almost all of this will be […]