Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

‘Place bets on road traffic forecasts’

09 March 2015
 

Spread betting could be used to challenge official road traffic forecasts under a proposal put forward this week by  a prominent transport academic.

Phil Goodwin, a long-standing critic of the DfT’s road traffic forecasts, which he says have habitually overestimated growth, proposes applying spread betting to the forecasts in his LTT column this week. 

He has approached betting firms to gauge their interest in the idea. “Two aren’t interested, but one seems to...

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