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£200 million for road repairs in Liverpool
Liverpool City Council has announced an additional investment of £200 million for road repairs to help tackle the ‘deteriorating quality’ of the highways network in the city.
The investment, which will see an initial £160 million spent on road reconstruction over the next five years, will be found from borrowing £185 million over 25 years at low interests rates, supported by savings generated by the council’s transformation plan and ‘Invest to Earn’ strategy.
On top of this, £25 million will be spent on resurfacing and patching work while £15 million has been specifically earmarked for addressing potholes.
Mayor of Liverpool Joe Anderson said: “This major new investment in our highways – £200 million – is a response to the scale of the problem we face. The people of Liverpool can be assured that we have been lobbying the government consistently in recent years to help us fix the problem, but it’s clear from the Chancellor’s recent spring statement there is no reprieve from the government’s austerity programme.
“High quality roads are the arteries of a modern, fast-growing city like Liverpool, but I am also concerned about the safety of road users and I don’t want to see anyone injured or killed due to weaving around potholes.”
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