£8bn of HS2 savings to be spent on pothole repairs

Grant Prior 1 year ago
Share

An extra £8.3bn has been allocated to repair potholes and resurface roads from savings made by the cancellation of the northern section of HS2.

Across England, local highway authorities will receive £150 million this financial year, followed by a further £150m for 2024/2025, with the rest of the funding allocated through to 2034.

This regional divided will see:

  • £3.3 billion for local authorities in the North West, North East and Yorkshire and the Humber
  • £2.2 billion for local authorities in the West Midlands and East Midlands
  • £2.8 billion for local authorities in the East of England, South East, South West and, for the first time in eight years, London

Transport Secretary, Mark Harper, said: “Today’s biggest-ever funding uplift for local road improvements is a victory for all road users, who will enjoy smoother, faster and safer trips – as we use redirected HS2 funding to make the right long-term decisions for a brighter future.”

For a full breakdown of the funding allocations click here.

Rick Green, Chair of the Asphalt Industry Alliance, said: “This long-term investment will also help give the asphalt supply chain confidence to further invest in plant upgrades, materials innovation and technical advancements to support the development and delivery of lower carbon roads in line with the government’s net zero ambitions.”

Latest news

Another month of repairs at McAlpine problem panel hotel

Road closure causes chaos as wind-hit cladding needs fixing above
20 minutes ago

Skanska lands design role on £1.25bn steelworks

Skanska team to work alongside main contractor McAlpine on Port Talbot project
17 hours ago

Bleak January for construction buyers

Latest bellwether survey shows output down and costs up
21 hours ago

Starmer rips up rules to ease building of nuclear reactors

Industry backs push for small modular reactors to be built where needed
24 hours ago

McAlpine tops January work league with steelworks win

Port Talbot steelworks job dominates January orders haul
1 day ago

McLaren winning spree as £1bn turnover in sight

Major deals imminent as contractor posts stable set of results
1 day ago

Ring road builder wanted at £4bn Somerset gigafactory

Bidders wanted for £60m job. Latest video update from site
2 days ago

Kier seals HMP Glasgow super prison job at £684m

Deal finally signed to replace Scotland's notorious Barlinnie prison
2 days ago

Contract winners revealed for £332m Didcot infrastructure job

Construction set to start early next year
24 hours ago

Fraudsters jailed after £22m construction tax scam

Gang sentenced after bogus payroll firm failed to pay VAT and CIS money to revenue
2 days ago

MPB clinches substructure for HS2 Curzon Street station

Contracts for station superstructure to be let in coming months
3 days ago

Flood defence spend rises to record £2.65bn over two-years

Key projects mapped as Government injects extra £250m to shore up defences
2 days ago

Turnaround strategy continues to pay off for Careys

Profits continue to rise as £50m investment plan in full swing
3 days ago

All change on £800m Eastern Highways Alliance

Octavius and Winvic sweep up all three lots in new line-up
2 days ago

Vinci bags first phase of £350m Stockport scheme

Contractor edges-out Willmott Dixon to start major mixed-used project
3 days ago

Crest Nicholson slumps to £144m loss

Incoming CEO review unearths further writedowns on fire remediation and closed divisions
3 days ago

Piling job cuts loom over safety regulator project delays

Bottleneck in high rise project approvals hits demolition and foundation firms
4 days ago

Developer Ghelamco swaps to self delivery for Battersea tower

John F Hunt no longer part of project team on 24-storey resi scheme
4 days ago

Pagabo starts renewal race for two mega frameworks

Contractors and developers asked for input on reshaping deals worth billions
3 days ago

Giant HS2 viaduct deck slide breaks records: Video

EKFB consortium oversees four-day installation
3 days ago

Ferrovial lands £230m National Grid tunnel

Work to start shortly on Grain to Tilbury electricity infrastructure upgrade
4 days ago

Tax-row tunnellers down tools on Balfour Hinkley job

Lodge allowance tax dispute hits tunnelling site
4 days ago

Go-ahead for Square Mile’s fifth tallest tower

Multiplex set to start 99 Bishopsgate job late next year
4 days ago

New £4.5bn funding model for stalled London rail schemes

Residential TIF funding offers key to unlock Bakerloo and DLR extensions
4 days ago

Speedy Hire latest to be hit by slow CP7 rail spending

Plant-hire firm flags issues with latest Network Rail spending round
4 days ago

FM Conway family chair steps away from business after Vinci deal

Joanne Conway steps away as Andrew Hansen becomes MD
4 days ago

Manchester Hotspur Press mill scheme rescued

37-storey student tower will now go-ahead
4 days ago

Watkin Jones to advance 260-room London aparthotel

Development deal for New Kent Road project
6 days ago

Plan for film studios switched to data centre cluster

Plans in for six data centre buildings in Buckinghamshire
1 week ago

Hunt for firm to deliver £75m Cambridge Civic Quarter

Work includes £41m Guildhall and £21m Corn Exchange revamps
7 days ago

Contractor services