BCC call for transport infrastructure investment
27 November 2012
Posted by Michelle Devonshire
The UK's transport projects need more investment from the Government to increase business growth across the country, it has been claimed.
According to the British Chambers of Commerce (BCC), it is "time to kick transport projects into high gear", with 13 projects - one for each region or nation - deemed to be a priority in the sector.
The organisation has published an updated transport map that highlights those schemes it sees as most vital to the future economic success of the country and its infrastructure.
It follows a previous incarnation of the map produced in 2010 and the BCC claims many schemes crucial to business growth in the UK have faced delays.
Dr Adam Marshall, BCC Director of Policy, stated: "Whenever key decisions to improve capacity on the country’s rail, road and air networks are delayed, our businesses and economy are missing out."
He added that "bold action" is required from ministers to ensure projects do not get "mired in the planning stages" and continue to boost confidence, create jobs and improve the nation's competitiveness.
Those initiatives currently stalled or cancelled and designated as central to the future of Britain include a third runway at Heathrow, the M1/Westlink in Northern Ireland, the M4 Relief Road between Cardiff and Newport, and the East Coast Mainline.
The House of Commons Transport Select Committee is currently carrying out an investigation into the regional distribution of Government spending on the sector by region.
Louise Ellman, Chair of the body, wrote to the Department for Transport expressing her concern about the disparity of funding between London and other parts of the country.
MPs on the committee have been hearing oral evidence about the issue from experts including Jonathan Bray, pteg Support Unit Director, and Professor Henry Overman, Professor of Economic Geography at the London School of Economics.