The issue regarding congested roads across England will be tackled by the Government through £165 million worth of new funding, according to the Transport Secretary Patrick McLoughlin.
This announcement represents the second tranche of funding from the £190 million local Pinch Point Fund, first confirmed back in December 2012.
This Fund was originally revealed with the intention of removing bottlenecks in England’s local highway network which are impeding growth and stressing million of motorists in this country.
Back in December last year, the Department for Transport (DFT) explained the Local Pinch Point Fund would tackle obstacles on the local transport network that restrict growth by limiting the movement of goods, employees and customers.
The investment will build on the success of the Highways Agency’s Pinch Point Fund for the strategic road network, which received an extra £100 million in the Department’s ‘Autumn statement’.
Back in December 2012 the Transport Secretary Patrick McLoughlin explained: “Tackling congestion and making the most of our infrastructure is essential for economic growth. We have already provided significant funding to local authorities to promote growth but more can be done”.
From the £165 million funding confirmed by the Department for Transport today, over £161 million from it will be released from local highway authorities and third parties to the total scheme costs.
A further 62 schemes have today won Department funding, bringing the total number of schemes financed by the fund to 72. Combined with local contributions, the total investment rises to more than £300m.
The successful schemes being revealed today include improvements and upgrades to vital roads and bridges, new access routes and enhancements to address congestion at local traffic hotspots.
Updates such as these should over time help in large part to unclogging England highways, and reducing the number of traffic bottlenecks created on a day-to-day basis.
The Transport Secretary commented today: “This Government is taking action on both jobs and growth”.
He added: “The schemes we have announced today are designed to target key bottlenecks around the country, making life easier for the thousands of motorists and businesses who use the local road network every day”.
“Investing in these schemes shows that the Government is serious about accelerating growth where it is needed most”.
“These schemes have the potential to help create more than 100,000 jobs and around 100,000 new homes.
“I look forward to seeing works underway as soon as possible.”