£24 billion investment to improve UK roads

The Roads Minister, Robert Goodwill, has called for Britain’s road building companies to get ready for a massive increase in work ahead of the biggest investment in the road network since the 1970s.

By the end of the next Parliament, the government will be spending £3 billion each year on improvements and maintenance for the strategic network alone.

This funding 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.

Robert Goodwill recently spoke at the Institution of Civil Engineers, revealing more about the road investment plans and how it will affect Britain’s car owners and buyers.

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 £24 billion secure investment over six years and £50 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."

Goodwill added: "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 seven 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."

Breaking down the road repair strategy further, the Government is investing £10.7billion in major improvements for our strategic roads from 2015 to 2020/21. As well as this, the Government is also investing £6.1 billion in resurfacing 80 per cent of the strategic network, while another £6 billion is being spent on tackling potholes on local authority roads.

The good news for road users is that they are set to benefit from a more effective road network and will have a greater say in how their roads operate. Taxpayers are expected to benefit from savings of at least £2.6 billion over the next 10 years.