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Capital needs more capital

29th November 1980
Page 21
Page 21, 29th November 1980 — Capital needs more capital
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Which of the following most accurately describes the problem?

OVER the next 15 to 20 years, more than £2600m needs to be spent on London's roads, according to the Standing Conference on London and South-East Regional Planning.

towns in South-east Failure to improve The Conference says that a greater injection of cash is needed to promote freer and faster communications between England. London's roads would put London at an even greater disadvantage relative to the surrounding parts of the region, it claims.

Leader of the Greater London Council's planning and communications policy committee, Alan Greengross says that the GLC has a fairly modest 15-year programme totalling £855m, "but if is clear that we shall fall far shot-1 of this target," he said.

"Denying London an adequate roads network is not a saving oi resources, but a wasting of potential wealth. The Governmeni must differentiate betweer spending and investment."

Tags

Organisations: Greater London Council
People: Alan Greengross
Locations: London