According to a new report, the excessive traffic in Britain’s road network is actually harming business.
The Road Users’ Alliance (RUA) claimed in its latest annual report that increasing journey times on the country’s major routes is actually costing the industry up to £20 billion each year.
The UK’s motorways are very important for business because of its role in the efficient distribution of goods and materials, but the government is not investing enough funds into these infrastructure, the RUA claimed.
The report pointed out that even though the government claimed £43.5 billion in taxes from road users last year, the government has only re-invested £6.58 billion into the country’ road system.
According to the RUA, despite the fact that UK residents pay the highest fuel taxes in Europe, the country has one of the worst road networks in the region. These road networks are very vital in driving the economy, yet these are the same roads on which traffic regularly screeches to a halt.
The RUA also added that taxpayers’ fund have subsidized less than a one per cent increase in motorway capacity over the last 10 years and yet it has experienced a significant 37 per cent increase in motorway traffic.
But more significantly, the UK levies the highest fuel taxes in Europe which has mad additional difficulties for manufacturers and suppliers in delivering their goods and materials.
Company formation and business solutions experts have expressed their worries over the situation and hopes that the government will do its best to address the worries over traffic and the country’s motorways.