UK’s Deputy Prime Minister John Prescott announced (20/7/00) that the UK Government is to spend £180 billion in resolving UK transportation problems with £56 billion coming from the private sector, reports the UK`s Daily Telegraph (21/7/00).
The 10-year plan includes £60 billion to be spent on the railways, £59 billion for roads and around £26 billion for local transport schemes. £20 billion of the new investment is to be earmarked for transport schemes for London.
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The plans were welcomed by business leaders and motoring organisations within the UK although environmental campaigners described the schemes as an alarming increase in road building.
