Peterborough’s MP Stewart Jackson has welcomed news that local road-users will benefit from a dedicated £240,000 pothole fund, which will keep the country moving and build a country that works for everyone.
This cash is part of a £1.2 billion fund for local road that the Conservative Government is allocating to councils to repair and rebuild our transport links.
This funding will improve roads, cut congestion and improve journey times includes money from the new National Productivity Investment Fund, announced in the 2016 Autumn Statement and the Pothole Action Fund. It also includes £75 million which councils can bid for to repair and maintain local infrastructure such as bridges, street lighting and rural roads.
Local motorists will benefit from the dedicated funding after the Government announced that nearly £50 million of funding will be made available to local councils over the next 12 months. This is part of a wider package totalling £8,089,000 across the whole of the East of England region.
The government has today also published further information about what the funding will be spent on – the latest step in our economic plan to stimulate the economy and build a country that works for everyone.
Stewart Jackson MP commented:
“The state of our roads is consistently raised with me by local residents and remains a great source of frustration for drivers.
This funding is welcome news for families and businesses in Peterborough who rely on our roads to get around. It builds on the £175,000 we got last year and is the latest step in our plan to build a country that works for everyone. Today’s announcement shows that we are delivering on our commitment to invest in infrastructure to attract businesses and secure a better future for local businesses.”