Government to spend £1.3bn on road improvements
Date: 10 October 2007
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The government is to increase investment in the UK's transport system to £14.5 billion a year by 2010.
In his pre-Budget report, the chancellor Alistair Darling said that around £1.3 billion would go towards upgrading local and regional roads, which will benefit freight haulage vehicles.
Mr Darling said that there had not been enough investment in transport recently and that "we're putting that right", RoadTransport.com reports.
Also announced was a cut in corporation tax of 2p in the pound next year, which will help freight haulage and courier companies.
Meanwhile, the Tories have said that they will introduce road charging for overseas HGVs if they get into power.
Theresa Villiers, the shadow transport secretary, said: "I can guarantee that foreign trucks will pay their fair share of tax, wherever they come from.
"We will look to introduce lorry road user charging. If the Germans can do it, then so can we."
Ms Villiers also said that the 40mph speed limit may be reviewed and raised to 50mph, which will be welcomed by many lorry and van drivers around the UK.
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