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Transport needs to be protected from spending cuts by Dipika Patel





Article Author Biography
Transport needs to be protected from spending cuts by
Article Posted: 02/26/2010
Article Views: 132
Articles Written: 1680
Word Count: 310
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Transport needs to be protected from spending cuts


 
Career
As Britain’s national deficit worsens spending cuts are sweeping across the public sector. Making sure that the UK's logistical routes are kept intact and invested in is important and will help the country continue its economic recovery.

A study by the British Chambers of Commerce showed that by pumping money into transport links, the UK could earn £85 million from improved routes by 2015.

As well as better logistical links that would aid all manner of businesses, construction jobs would be aided in the short-term, as the links are worked on and improved.

The BCC report identified 13 key transport projects outlined, which are believed to be crucial to the UK’s economic recovery, including London's Crossrail train link and a third runway at Heathrow airport.

Crucial road improvement schemes were also included, like an M4 relief road in Wales to reduce traffic between Newport and Cardiff and the new Forth road rail crossing in Scotland.

Of course in the short-term, the investment would cost billions, but the money would help to smooth the path to recovery.

The new developments at Heathrow would be worth £21.7 billion alone and when it is broken down, taxpayers would only have pay to £3.1 billion per year over five years to fund several similar projects.

Another recommendation comes from the Institute of Civil Engineers, which wants to see a National Infrastructure Investment Bank put in place that deals with those types of investments.

Economists believe that an investment bank could help bring in funds from the private sector and help with the logistical improvements.

With Careers and Jobs, you can view all the latest jobs, browse UK jobs by sector, including construction jobs and keep up to date with the latest UK jobs news. You’ll also find expert career advice and help with CV writing to help land that dream job.

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