Skip to content
Thursday 30 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,897.27
-0.10%
DAX
25,612.03
+0.60%
CAC 40
8,485.64
+0.92%
STOXX 50
6,344.40
+1.53%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 11 March 2020 3:24 pm

Budget 2020: Government announces £27.4bn roads revamp

By: Edward Thicknesse

Add as a preferred source on Google

On the back of new chancellor Rishi Sunak’s announcement of £27.4bn in investment for the UK’s roads in today’s budget, the Department of Transport has published its strategy for revamping the UK’s motorways and “A” roads.

The funding will go towards the both the enhancement and repair of existing roads as well as completing a raft of prominent new projects around the country.

In total, £14.7bn will be spent on such upgrades, including the development of the Lower Thames Crossing, the biggest UK roads project of this century, a six-lane tunnel which will relieve congestion around Dartford.

The money will also be put towards the construction of a two mile tunnel on the A303 by Stonehenge, one of the most controversial road projects set for development.

Environmental conservationists are nervous about the potential impact of the project on the site, but the government says the move “will be the largest environmental improvement ever made to the UK road network and will transform the setting of the monument”.

Sign up to City PM’s Midday Update newsletter, delivered to your inbox every lunchtime

As part of its commitment to developing transport links in the north, the government has also committed to upgrading six single-carriage way sections of the A66 Transpennine highway.

Read more

The UK’s legal system brings the world to London in search of a fair deal

The Royal Courts of Justice

Transport secretary Grant Shapps said: “If we are to invest £27.4bn over the next five years on our strategic road network, it is crucial that we use this funding to improve the lives of all.

“That’s why a central principle in the development of this strategy was to create a road network that is safe, reliable and efficient for everyone – whether they are cyclists or drivers, passengers or pedestrians”.

In addition to the funding package for roads, the Budget also included a £1bn commitment to green transport initiatives, including £400m to extend the plug-in grant, as well as £2.5bn to fix potholes.

Industry was cautiously optimistic about the announcement, but said that it was important that the government released further detail of how it would go about fulfilling its levelling up pledge.

Nick Prior, global head of infrastructure and capital projects at Deloitte said:“If the Government wants to have a fast and hard-hitting impact, it’s imperative today’s announcements are backed up with real actions which drive the investment programme forward at pace”.

Green groups slammed the roads announcement, with Friends of the Earth saying the building programme “completely destroys any pretence of UK government leadership ahead of this years’ crucial climate summit”. 

Read more

Lamborghini Urus SE Performante is an even more super SUV

Lamborghini Urus luxury SUV in motion, showcasing sleek design and performance on a scenic road for a news feature

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Trending Articles

  • Gino D’Acampo restaurants face HMRC winding-up order

  • PwC thought leadership reports ‘100 per cent AI generated’

  • EY and London managing partner fined over £1.3m for audit failure

  • Lloyd’s of London allows staff to work from home as heatwave hits the capital

  • Big Four’s AIM exodus accelerates as mid-tier firms seize mandates

More from City PM

  • The UK’s legal system brings the world to London in search of a fair deal

    Opinion
    The Royal Courts of Justice
  • Lamborghini Urus SE Performante is an even more super SUV

    Life&Style
    Lamborghini Urus luxury SUV in motion, showcasing sleek design and performance on a scenic road for a news feature
  • Porsche 911 GT3 S/C review: Is new 194 mph convertible the car of the millennium?

    Life&Style
    Sleek Porsche 911 GT3 showcased in dynamic urban setting, highlighting its performance features and modern design
  • Avington Estate near Winchester is a bucolic paradise

    Life&Style
    Avington Estate scenic view showcasing lush gardens and historic architecture under a clear blue sky
  • ‘Moron premium’ – Westminster turmoil has ‘cost taxpayers £35bn’ since 2022

    Politics
    Westminster Houses of Parliament under clear sky, iconic London landmark representing UK government and politics
  • UK government backs British business to get slice of £33bn in Morocco World Cup contracts

    Sport Business
    Getty Images logo displayed on a modern digital screen, representing media and stock photography in a business context.
  • FTSE 100 property giants urge Burnham to unleash London office construction

    Property
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • IMF offers UK modest growth upgrade despite fresh Iran war tension

    Economics
    Rachel Reeves delivering Spring Statement 2026 at UK Parliament, addressing economic policies and fiscal strategies.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook