Budget cuts leave sector reeling

摘要

The highways sector is facing major funding cuts after the Spending Review, with local roads down hundreds of millions of pounds and National Highways looking at a ￡3.4bn drop in its Road Investment Strategy (RIS). The Treasury's cash raid came even as chancellor Rishi Sunak highlighted road funding in his budget speech, masking the full extent of the cuts behind wider headline figures. Treasury officials declined to comment on the moves, leaving the Department for Transport (DfT) to pledge continued commitment to projects, including the ￡1.9bn Stonehenge Tunnel scheme, which the Treasury left in doubt.