1.5 billion road spend predicted
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GOVERNMENT ins to spend 0.5 billion on 70 miles of London main s it takes over after the ter London Council is lished, says the GLC t more than 4.20 million a this would be ample ey to pay for many of major schemes that iers and the road con:tion industry have been ting for decades, the GLC plains.
ae 4:1.5 billion figure was n by the Department of isport to the Comptroller Auditor General Sir GorDowney for his report partment of Transport : mciiture on Motorways Trunk Roads-. It was ished in July.
GLC has jumped onto figure and said that it 'es that the Government anning major road buildand not just environmenimprovements as it has before. A "possible scenario with prices estimated by County Hall engineer" is 4:525m to be spent on sections of the South Circular; .£300in on a new Eastern Avenue Extention or a new North Cross Route from Hackney Wick; £300m on a new West Cross Route from Shepherd's Bush to Wandsworth; 4:100m each on the uprating of the A13 Commercial Road, and then the Holloway Road, Upper Street and the Angel junction in Islington; c.10Orn on the building of the M23 extension and iThin on the widening of the A316 and providing flyovers in Richmond and Ilounslow.
The DTp has said that the figure given to the Auditor General is only a guess. It does not know how much it will be spending until its assessment studies are finished by around the end of the year, a spokesman said.