Today the Government has launched their Transport Investment Strategy, the key announcements for industry include:
Roads are critical to manufacturing
The road network is the most important infrastructure network for manufacturers. The sector consistently rates the strategic motorway and A-road network as their highest priority for investment and consistently reports the local road network as getting worse year after year.
Today's announcement should therefore not be understated, local roads have long been the Cinderella story of infrastructure spending - particularly on maintenance.
What else needs to happen?
However beyond today's announcement there will need to be rapid action to avoid the drift we've seen with other infrastructure announcements such as with a new runway at Heathrow - the UK's most important port by value for non-EU goods exports.
This must include legislation to give permanence to the Roads Fund, nothing was included in the Queen's Speech. If the Fund is meant to 'go live' by 2020, the next Parliamentary session in 2019 will have to include something.
We would also like to see the creation of Sub-National Transport Bodies to cover all of England to provide coordination on which local roads are of strategic regional importance - so far only Transport for the North, Midlands Connect and Transport for the South East have been created.
The government has promised a consultation to finalise the main points of detail, we'll be responding to put across these key points on behalf of industry.