Notts council pledges £20m to speed-up road widening

Grant Prior 11 years ago
Share

Nottinghamshire County Council is offering to pay £20m towards a £164m road widening scheme in a bid to speed the project through the Government’s stalled investment programme.

The local authority is desperate to see the hugely congested A453 improved.

The scheme was one of 14 road projects put on hold after last autumn’s Comprehensive Spending Review.

Since then the Department for Transport has indicated it would like to identify a small number of ‘reserve’ schemes where construction could potentially start earlier if circumstances allowed.

Nottinghamshire council hope the cash offer will improve its chances of being part of the accelerated programme.

Council Leader Kay Cutts said: “The A453 is the weakest link in the regional road network and the road, in its current state, is severely limiting the economic recovery and development of the area.

“Its widening is fundamental to unlocking the huge economic potential of our vibrant county. We already know that the traffic delays encountered, especially by businesses, are having a detrimental effect upon inward investment.”

The council sent a letter  to Transport Secretary Philip Hammond this week detailing its contribution.

Councillor Cutts added: “Nottinghamshire County Council is keen to do everything in its power to expedite this situation. Our contribution would be raised through borrowing and repaid over a number of years because of the challenging budgetary pressures we’re currently facing.

“This is a major financial decision for us and we don’t underestimate the significance of this offer at a time of much-needed capital support for our schools, libraries, youth centres and older people’s facilities.

A decision from the Government as to whether any of the reserve schemes will be accelerated for early construction is expected this year.

Latest news

Plan for £140m north London college campus

United Colleges Group reveal detail of Wembley campus plan
24 mins ago

Overbury gets green light for £300m Citi Tower refurb

Revamp of 42-storey Canary Wharf tower will be one of London's biggest ever refurb jobs
7 hours ago

McAleer & Rushe confirms £23m Manchester hotel job

Work to start on 17 storey Maldron hotel next month
2 hours ago

£130m cash injection kick-starts first Wirral Waters resi blocks

Wirral Waters One 600-home project secures funding
8 hours ago

Government commits £100m to Sizewell C nuclear project

Government’s cash injection hoped to ‘maximise investor confidence’ while EDF courts private investors
8 hours ago

Public raise alarm over unsafe roof work high above Manchester

Court hears how HSE swooped to shut down site after tip off
1 day ago

Realstar and Lendlease ink £120m London build to rent deal

Forward funding deal for 251 private rental flats at Deptford Landings scheme
8 hours ago

Balfour Beatty chalks up 100th Scape civils job

Procurement body prepares to invite bids next month for next generation net zero civils framework
8 hours ago

Forterra hikes brick prices by 10%+ with more rises to come

Demand continues to surge and costs increase for masonry products giant
1 day ago

Go-ahead for £40m Manchester spec office scheme

Local firm PP O'Connor to demolish Speakers House for 17-storey office block
1 day ago

Spanish giant lands deal to build £683m waste power plant

New plant will turn black bin bag waste into electricity
2 days ago

Henry wins six Ealing council housing projects

Henry Construction secures £40m West London council homes deal
1 day ago

Landsec eyes £825m Glasgow Buchanan Galleries rebuild

Glasgow's mammoth shopping mall could be demolished for mixed-use city quarter
2 days ago

Mace lands £300m London court and police complex

Main construction works to start on Fleet Street site this autumn
2 days ago

Graham bags £30m Birmingham build to rent job

Work set to start Crown Works residential scheme in the Colmore Business District
1 day ago

Balfour Beatty names new investment arm chief

Leo Quinn promotes former major projects finance director Gavin Russell
2 days ago

M1 fraud probe exposes contract management problems

M1 J13-16 investigation finds £320,000 of central barrier scrap metal went missing
2 days ago

Beaumont Morgan Developments goes into administration

Begbies Traynor now in charge of £47m turnover Manchester contractor
2 days ago

Green light for major overhaul of Surrey pharma campus

Kier and Mace bidding for revamp project with three storey glulam building at its heart
2 days ago

Morgan Sindall hires Crossrail safety director

Carole Bardell-Wise joins infrastructure business as SHEQ Director.
2 days ago

Galliford Try bags £28m Dover inland border control facility

Major inland border facility to be built alongside the A2 outside of Dover
2 days ago

Plans go in for £280m Leeds Whitehall Riverside scheme

Major office and flats scheme to be built next to River Aire
2 days ago

Roofer dies in six metre plunge through asbestos sheets

Court hears no safety nets were fitted on site
3 days ago

Subbies stop working for Beaumont Morgan Developments

Manchester based contractor was delivering Fortis Quay for associate development company
3 days ago

Gove threatens ban on cladding suppliers failing to pay for retrofits

Cladding and insulation suppliers now in firing line for cash for £9bn post-Grenfell remediation bill
4 days ago

Bill for £22bn HS2 extension to Manchester goes to Parliament

52-mile extension of HS2 to Manchester via Manchester Airport will support 17,500 construction jobs
3 days ago

Galliard scoops up trio of sites for schemes worth £265m

Sites in Redbridge, Ipswich and Milton Keynes to be developed
3 days ago

Plans in for 350-flat Salford student scheme

Developer X1 hopes to start 15-storey building later this year
3 days ago

Green light for Birmingham Paradise landmark hotel

17-storey hotel will be the 'cornerstone' of Phase 2
6 days ago

Structural steel price jumps another £50 a tonne

British Steel blames New Year's price hike on continuing high product costs
6 days ago

Contractor services