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Transport spending 'should be made a priority'

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Transport spending 'should be made a priority'

Tuesday, 23/2/2010 01:40
Continued investment in the UK's transport infrastructure could provide an £85 billion boost to the economy over the next five years, it has been claimed.

A report by the British Chambers of Commerce (BCC) said spending on 13 regional and national transport projects would bring substantial benefits for the UK.

The business group said investment in key infrastructure must be made a priority after the general election, despite the continued pressure on public finances.

It said projects such as the London Crossrail train link and the development of a third runway at Heathrow, as well as improvements to the UK's road network, would be essential to the country's future success and growth.

BCC director general David Frost said: "These infrastructure improvements will not only unlock much-needed economic growth, but will also help the hard-pressed UK construction sector and local businesses in the supply chain."

Earlier this month, the government announced £4.6 million of funding to help build a new bridge over the River Derwent, Cumbria, in order to replace the routes destroyed by last year's flooding and provide vital links for local businesses.

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