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Cycling, Economics / Appraisal / BCR, All of UK
Government still doesn't recognise the high value of low cost schemes
Stephen Plowden,London NW1
The fact that schemes to improve conditions for walking and cycling show very high benefit/cost ratios is not a great surprise ('New appraisal rules set to boost cycling and walking schemes', LTT 21 Sep).
It has been known for a long time that other schemes designed to make better use of the existing road network, such as bus priorities, or small road improvements designed to improve safety rather than to save travel time, produce much higher benefit/cost ratios than major road projects. The...
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