David Cameron has announced the government’s first Roads Investment Strategy (RIS) will be published alongside the Autumn Statement next month.
The strategy is designed to provide the newly-formed Highways Agency with a secure source of funding; delivering a total of £15 billion for use on 100 major road projects by 2020.
Mr Cameron said the investment would create a “roads revolution” with the potential to fund hundreds of extra lanes on the UK’s motorways and main roads. The RIS spending raises the total roads funding from the start of this parliament to £24 billion.
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