Sunday 23rd Oct 2016 - Logistics Manager

Transport infrastructure plan to boost economy

Chancellor George Osborne looks set to open the way for some £30 billion of investment in the UK’s infrastructure when he makes his Autumn Statement on Tuesday.

Danny Alexander, chief secretary to the Treasury, told the BBC that plan was to attract up to £20 billion of investment from UK Pension Funds.

These are the schemes that could benefit:

M56 at Manchester Airport – link to the A6 south of Stockport

Kingskerswell bypass – additional funding

A45/46 Tollbar End – improvement scheme

M3 (J2-3) in Surrey – additional funding

A14 in Cambridgeshire – reduce congestion

A14 Kettering Bypass – widening between junction 7 and 9

Humber Bridge –  write down the debt to allow the toll to be halved

London: M25 junction 23 to 27 – new investment