Autumn Statement - road infrastructure comment 05 Dec 2012

£1 billion for new road infrastructure

The Government has announced an extra £1 billion of investment in road schemes as part of the Autumn Statement.

The full list - supplied by the DfT - can be found below.

Professor Stephen Glaister, director of the RAC Foundation, said:

“While drivers will be pleased to learn the fuel they put in their car is not going to be taxed further, they will also welcome the extra £1 billion to be spent on the roads their vehicles run on, with much of the cash destined for maintenance and high value pinch point schemes.

“The disappointment is that this sum could have been even higher if the review into attracting more private sector investment into infrastructure had been completed, but that has now been delayed until next year’s budget.”

ENDS

Contact:

Philip Gomm - Head of External Communications - 020 7747 3445 | 07711 776448 | 020 7389 0601 (ISDN)

AUTUMN STATEMENT – TRANSPORT SPENDING

SCHEME

 

£M 2012- 2015

£M POST 2015

£M TOTAL

A1 LEEMING TO BARTON IMPROVEMENTS

 

142

172

314

 

A5-M1 LINK (DUNSTABLE NORTHERN BYPASS)

 

94

33

127

A1 LOBLEY HILL IMPROVEMENT

 

14

50

64

 

HIGHWAYS MAINTENANCE

 

333

0

333

STRATEGIC ROAD PINCH POINT FUND

 

100

0

100

LOCAL PINCHPOINT SCHEME

 

170

0

170

A30 TEMPLE TO CARBLAKE

 

8

22

30

ACCELERATED NATIONAL ROAD PROJECTS

 

95

0

95

DEVELOPMENT OF FUTURE NATIONAL ROAD PROJECTS

 

42

0

42

CYCLING INFRASTRUCTURE IMPROVEMENTS

 

42

0

42

M25 JUNCTION 30 IMPROVEMENTS

 

0

150

150

 

TOTAL

 

1040

426

 

1,467

 

SAVINGS

The department will make savings of £139m over the remaining period of this spending review (2013/4 and 2014/15).  This breaks down as:

  • £49m in 2013/14
  • £90m in 2014/15

Source: DfT

 

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