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30bn to be spent on Britain"s roads between 2020 and 2025
Written by Tom Harrison
The Government has announced plans to invest nearly 30billion in Britain"s road network between 2020 and 2025. The 28.8billion National Roads Fund, which will be financed by vehicle excise duty (VED, or road tax" to you and me) payments, will be used to upgrade, maintain and possibly even construct motorways and other major roads. This is the first-time proceeds from road tax have been ring-fenced" for spending on infrastructure. In theory, this means the money you pay to the Government to keep your car on the road, is for the first time guaranteed to be spent on their upkeep.
Date written: 29 Oct 2018
More of this article on the Top gear website
ID: 13868
Written by Tom Harrison
The Government has announced plans to invest nearly 30billion in Britain"s road network between 2020 and 2025. The 28.8billion National Roads Fund, which will be financed by vehicle excise duty (VED, or road tax" to you and me) payments, will be used to upgrade, maintain and possibly even construct motorways and other major roads. This is the first-time proceeds from road tax have been ring-fenced" for spending on infrastructure. In theory, this means the money you pay to the Government to keep your car on the road, is for the first time guaranteed to be spent on their upkeep.
Date written: 29 Oct 2018
More of this article on the Top gear website
ID: 13868
