Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Car Comparator
Van Tax Calculator
EV Car Comparator
BiK Rates Company Car Tax

Government pledges £25.3bn roads investment by 2025

The Government has announced plans to spend £25.3bn in roads investment between 2020 and 2025, improving the infrastructure for drivers.

Traffic levels at new record high

The Government has aleady announced the first wave of the new roads funding, which will see investment of £100m

Revealed by chancellor Sajid Javid at the Tory Party Conference, the funding will be outlined in the second Road Investment Strategy, due to be announced later this year, with the A66 across the Pennines, A46 at Newark, M60 Simister Island interchange and A12 in Essex benefiting from the funding.

Already, the Government has announced the first wave of the new roads funding, which will see investment of £100m enable 18 new road schemes to move on to the next stage of development.

The go-ahead by the Department for Transport sees four schemes approved for construction, including the Preston western distributor scheme, which will provide a new dual carriageway to reduce congestion in the city, and the 2.1-mile Stubbington bypass.

Seven other schemes will be awarded funding to develop their business cases. These include the A140 Long Stratton Bypass, which will divert traffic away from busier routes around Norwich, and the A511 growth corridor which will see a series of improvements to improve access to jobs and services in Leicestershire.

Meanwhile, a further seven schemes have been given approval to proceed and to apply for funding at a later stage.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.