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Regular news: Issue 608 30 Oct 2012

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Road building, Road management / Maintenance, England

Privatise major roads to raise £150bn and improve links, ministers told

Privatising motorways and other major roads would raise £150bn for the Exchequer and improve the quality of roads for motorists, according to a new report from the right-wing think tank the Institute of Economic Affairs.</p>

The IEA says that the UK has half as much motorway per vehicle kilometre as other EU countries but despite this new roads schemes with an average cost-benefit ratio of 6.8 are being deferred and a BCR of 3.2 are being cancelled "for political...

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