The call for action comes two months ahead of the expected publication of the Spending Review 2000, which will form the basis of a 10-year investment plan from the DETR transport 'transformation' task force led by Lord Macdonald. The CBI's National Council proposes pouring £25 billion into improving roads, £79 billion on upgrading local transport and injecting £62 billion into rail schemes. It also says £9 billion needs to be earmarked for aviation, £3 billion for waterways, £2 billion new technology research and development, and £29 billion for environmental work.
CBI director general Digby Jones said: 'The sums are large but even then we may not meet 'best in Europe'. Digby claimed the Government spends half the amount in real terms today on roads and public transport than it did 25 years ago but raises £36 billion from road users annually.
Login to comment
Comments
No comments have been made yet.