This strategy sets out the Department for Transport’s priorities and approach for future transport investment decisions and explains how transport investment can deliver a stronger, fairer Britain. It describes what we are trying to achieve through:
- our investment in transport infrastructure
- the priorities and propositions that will guide future investment decisions
- the institutional frameworks within which those decisions will be taken
- the actions we are taking to help us meet our ambitions
The document includes a commitment to consult on a new ‘Major Road Network’. This would see a share of the annual National Road Fund, funded by Vehicle Excise Duty (VED), given to local authorities to improve or replace the most important A-roads under their management. It also outlines plans for a new ‘rebalancing’ measure, which will judge how investment programmes contribute to a more balanced economy.
The transport investment strategy is a vital part of the government’s industrial strategy and plan for Britain. It builds on the progress made in recent years to upgrade our road and rail network.