BRITAIN'S SHABBY transport infrastructure costs UK businesses at least £15bn a year, a report by the British Board of Commerce has revealed.
Only 10% of British firms believe the transport system meets their business needs and just 2% believe that the government's transport plans will provide an effective solution.
'There is little confidence in the government's ability to deliver significant improvement, ' said board director general David Frost. 'We cannot afford to lose £15bn every year because of it.'
The report is based on 2,000 responses to a questionnaire sent out in November last year. It identifies the road network as the business transport mode of choice with 84% of companies claiming roads as essential to their businesses.
'As we approach another spending review it is clear that transport must be given a larger slice of the spending cake with road building and maintenance as a priority, ' said Frost. 'Business is the foundation of the UK's economy, but this foundation is being undermined by poor transport links.'