INDUSTRY NEWS

Government urged to improve transport

Ministers have been called on to boost the amount of money they allocate to improving transport links in an effort to improve British business.

The Confederation of British Industry (CBI) has claimed that more investment in transport projects would help to ensure the future success of businesses across the country.

That is particularly true for offices in London, where congestion has long been a problem and improving transport links within the capital could help to boost demand for commercial property in London.

"A reliable transport network which is able to cope with increasing demand is vital if the UK is to hold its own with European competitors," said Terry Hill, chairman of international infrastructure specialists Arup and the man in charge of the CBI’s new transport task and finish group.

"This new group will explore how we better engage with the private sector in long-term investment in such projects, not just in designing and building, but operating them too," he added.

The government has already begun work to provide better links to commercial property in London with the launch of the M25 road widening project.

However, the scheme has been hit with a succession of delays as the private sector struggles to raise the funds for the £5 billion project.
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