Investing the same level of funding into the road network as the £55.7bn earmarked for HS2 would deliver four times the economic growth, according to a report commissioned by FairFuelUK (FFUK). The report, Roads Investment for UK Growth, by the Centre for Economics and Business Research, argues that investment into the UK’s roads has taken a backseat to rail in recent years, resulting in an underfunded, uncompetitive road network which is undermining the UK’s economy. It calculates that, with UK […]
Higher prices for goods and services resulting from the effects of rush-hour congestion on business are costing every UK household around £100 a year, a new report from the Centre for Economics and Business Research (CEBR) has suggested. The report found sitting in congestion was costing the UK’s commuting households around £456 apiece or a combined total of £3.9bn a year, taking both direct and indirect costs into account. The direct costs – essentially additional fuel and lost time – […]
The FTA has accused the London Assembly of “not thinking things through” after its Transport Committee called for a cut in LCV traffic in the capital, just months after it demanded a ban on HGV traffic in the rush hour.
Transport for London (TfL) has promised to provide an update “later this year” on proposals for a new underground ring road around London to relieve congestion.