CBI warns £250bn is needed for ‘failing’ transport system

Business
leaders have warned the Government that £250bn needs to be spent on the UK’s
"failing" transport system.

Employers
body, the CBI, says the country is being let down by the state of its road and
rail networks.

It
insists a mixture of public and private investment is needed over the next 10
years because business patience and public tolerance are becoming exhausted by
the "slow pace" of improvements.

The
£180bn originally earmarked for the Government’s 10-year transport plan must be
increased by £70bn as the minimum required to make progress, it claims.

Director
General Digby Jones said: "We have a first-rate economy and it deserves a
first-rate transport system – not the substandard infrastructure that is
currently letting down the whole country."

By Mike Berry

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