Government announces ‘record’ local roads investment
A “record £6bn” will be spent on tackling potholes and improving local roads between 2015 and 2021, the Government announced on 23 December.
The investment equates to an annual sum of £976m which the Government calculates is enough to fix around 18 million potholes across the country.
This is the first time councils have been given locked-in funding over this length of time, which is intended to help them plan ahead and save money for the taxpayer.
Patrick McLoughlin, transport secretary, said: “Poorly maintained local roads, blighted by potholes, are a menace to all road users.
“The £6bn funding I am announcing today will put an end to short term fixes and will mean we have committed £10bn between 2010 and 2021.
“This huge investment is part of our long term economic plan to ensure we have a transport network fit for the 21st century.”
The DfT allocates funding to local authorities based on local need, so councils with larger highway networks receive more of the funding.
More than £4.7bn will be shared between 115 councils, with a further £575m available through a new challenge fund to help repair and maintain local highway infrastructure such as junctions, bridges and street lighting. Details of funding allocations are available as an interactive map.
It was also announced today that a new £578m incentive fund scheme will start in 2016 to “reward councils who demonstrate they are delivering value for money in carrying out cost effective improvements”.