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News

Businesses suffering due to delays in transport

28/11/2012

British businesses are missing out on economic growth because of delays in the expansion of the country's road network.

The British Chambers of Commerce (BCC) has announced that, of 13 important projects, eight are delayed and only three are currently being built.

Improving the country's infrastructure was acknowledged as a vital economic target prior to the 2010 General Election as well as being crucial to enhancing the driving experience of UK motorists and car insurance policy holders.

Dr Adam Marshall, the director of policy at the BCC, has told the Press Association that, "Whenever key decisions to improve capacity on the country's rail, road and air networks are delayed, our businesses and economy are missing out. Even where projects have been given the go-ahead in Westminster, progress is typically slow and in too many cases is mired in the planning stages.

"We need bold action from the Government to improve the UK's transport infrastructure. This kind of investment is insulated from global uncertainty, and it creates short-term confidence, jobs in the medium term, and improves the UK's competitiveness in the long term.

"Ministers must use all the powers at their disposal to kick-start these lay projects. In some cases, that will mean using the Government's balance sheet to unlock private funding, and in others, it will mean using planning powers to overcome objectives and speed the process of construction."

The Forth Replacement Crossing is one of the largest transport improvements currently underway and is expected to be finished in spring 2014. The construction of the Crossrail in London to improve rail capacity and the Birmingham Motorway Scheme are two other projects that the BCC expects to bring economic benefits to British businesses.

 

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