Category Archives: Roads

Meanwhile, over in the US…

It’s been two years since it was my actual job to report on infrastructure spending in the United States, but had I still had the same job, I could have reported on the latest developments by cutting and pasting my stories from … Continue reading

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UK project bonds part 2: the Mersey groans

George Osborne, the UK’s Chancellor of the Exchequer, loves the Mersey Gateway bridge project. He wouldn’t shut up about it in autumn 2011 when the BBC’s Andrew Marr was interviewing him at the Conservative Party Conference; every time Marr tried … Continue reading

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UK project bonds part 1: Scotland pwns

Alex Salmond, omnifighting first minister of Scotland, may take heart from what his transport authority has achieved in signing contracts for the upgrade of motorways in the central belt last week. They’ve cut the project’s budget, achieved a notable first, … Continue reading

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There’s no such thing as a free road

In 2010, the then new UK government announced it was cancelling plans to upgrade part of the A14 highway for £1.1 billion of public money, on the grounds that it was too expensive. It began looking for an alternative. At … Continue reading

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Tian Tian the privately financed road

Waiting for the UK government to bring private cash into the roads network is a little bit like waiting for Tian Tian, the female panda at Edinburgh Zoo, to become pregnant. Except it takes longer and is less likely to … Continue reading

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M6 Toll: the owners head for next exit

While I’ve been on holiday, that easy target of UK infrastructure easy targets, the M6 Toll of lovable rogues Macquarie, has continued to go down the toilet of structured finance – though not in a way that will bother the … Continue reading

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UK government buries roads privatisation

It’s taken a while to emerge, but finally a government minister has admitted what I have been saying for over four months now: roads privatisation in the UK is dead in the water.

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