Skip to main content

Government triples road funding

The UK government is tripling funding on the road network over the next eight years with more than US$40 billion to be spent on upgrading and improving the network until 2021. By the end of the next parliament, the government will be spending US$5 billion each year on improvements and maintenance for the strategic network alone. This locked-in funding commitment will support nearly 30,000 new jobs across the construction sector and at the same time deliver a safer, more sustainable road network that is fit
February 12, 2014 Read time: 2 mins
The UK government is tripling funding on the road network over the next eight years with more than US$40 billion to be spent on upgrading and improving the network until 2021. By the end of the next parliament, the government will be spending US$5 billion each year on improvements and maintenance for the strategic network alone. This locked-in funding commitment will support nearly 30,000 new jobs across the construction sector and at the same time deliver a safer, more sustainable road network that is fit for the 21st century and beyond.

Roads Minister Robert Goodwill called on Britain’s road building companies to get ready for a massive increase in work. He said: “Funding certainty is critical to the construction industry in planning for the future and that is exactly what the government has delivered – with US$40 billion secure investment over six years and US$83 billion for the strategic road network over the next 15 years. However, we need to make sure everyone is ready to deliver the massive programme of investment that we need to keep Britain’s roads moving.

“To do that, we need to make sure we have the right people and equipment in place to deliver the 53 road schemes in preparation right now, plus the next generation of improvements over the next 7 years. This means taking on more apprentices and making sure suppliers have the capacity to deal with the increase in demand. If we get this right, this will provide road users with a high performing network that can cope with the expected 43 per cent increase in traffic over the coming decades that will help boost economy growth and deliver more efficient roads for motorists.”

Related Content

  • June 9, 2014
    CIHT welcomes NAO report on roads infrastructure funding
    The UK’s Chartered Institution of Highways & Transportation (CIHT) has welcomed the National Audit Office’s (NAO) report, Maintaining strategic infrastructure: roads, which highlights how long term funding certainty is crucial to how the UK manages its road infrastructure. Funding pressures on highways authorities have encouraged efficiency and innovation in how budgets for road maintenance are spent, but public value will be lost unless funding becomes more predictable, according to the report. The r
  • April 11, 2013
    Major road schemes to reduce road congestion and boost economy
    The Highways Agency is to deliver a further twenty-two schemes in the UK’s north-west to boost the economy, reduce congestion and improve safety in the third, and final, stage of its pinch point programme. The schemes, representing an investment of US$47.7 million, will remove bottlenecks and keep traffic moving on England’s motorways and major A roads. Nationally, this stage of the programme comprises 58 schemes, worth US$151 million, that will be delivered by March 2015 and will bring an estimated US$2.1
  • February 2, 2012
    Stop thinking and act on cooperative infrastructures
    OmniAir's Tim McGuckin looks at why metropolitan transportation networks might be the key to securing the long-term funding of cooperative infrastructure
  • July 26, 2013
    Qatar invests $70 billion to pave the way to world beating transportation
    Eng. Zeina Nazer looks at what Qatar’s recently-announced investment in transport infrastructure will mean on the ground. Qatar is experiencing a rapid economic and industrial growth. This growth is characterised by a rapid population increase and by the urgent need towards the development of both infrastructure projects and major transport projects. In order to handle this rate of development within Qatar, Public Works Authority (Ashghal) is developing a fully-integrated multimodal transportation system in