[Budget 2017] Infrastructure

“It’s encouraging that the Treasury is continuing to invest in the UK’s road infrastructure, and we look forward to seeing what the Department for Transport and Highways England have planned for their second Road Investment Strategy later this month. Following the announcement from the Office of Rail and Road that the quality of roads has fallen below previously agreed targets, the Government needs to provide for better connected and more dynamic infrastructure that suits both the needs of people and businesses.

The vehicle rental and leasing industry contributes around £25 billion a year to the UK economy and in 2016 the leasing industry accounted for more than half the number of new cars registered on the road. So, this news will be especially pleasing for UK businesses, whose roads have suffered from poor organisation, congestion and pitted surfaces for decades. These roads are vital for the businesses that will power the country through challenging economic circumstances, so it is reassuring that the UK Government now views this as a priority.”

Matt Dyer, Managing Director, LeasePlan UK

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