Geoff Hoon Announces Investment
- Investment in our Motorways
Transport Secretary Geoff Hoon has announced that an additional £1bn is to be invested in major transport projects next year. The recent pre-budget report accounts for £700m (one of the many fiscal stimuli suggested).
A further £300m will be made available by the government to target the “bottlenecks” on our motorways and other major roads. Congestion is the obvious target of the expenditure but safety is also a consideration.
