The UK government has highlighted the potential economic benefits that would be associated with the construction of a new expressway linking the cities of Oxford and Cambridge.
According to the Department for Transport (DfT), building a new expressway between Cambridge, Oxford and Milton Keynes will help to reduce journey times by up to 30 minutes. This means that commuters will be able to reach work quicker than before, so businesses have the opportunity to be more productive and the economy can be boosted as a result.
What’s more, the government believes that the new urban road link will help boost the economy of the local communities surrounding the two cities, as the expressway will improve access to amenities and reduce congestion, meaning it will then become easier to deliver new homes to the area.
These conclusions have been drawn following the ‘Oxford to Cambridge expressway strategic study’, which was launched towards the end of 2015 and outlines the DfT’s priorities for the construction and improvement of road networks from 2020 onwards, with £15 billion already earmarked for improving links between the two historic cities.
As some of the fastest-growing areas for business in the whole of the UK, Oxford, Cambridge and Milton Keynes need improved road networks now to ensure they can remain key contributors to the country’s economy into the next generation.
Several potential routes for the new expressway have been proposed, but all would improve links not just in these rapidly expanding urban hubs, but also in Bicester, Buckingham, Leighton Buzzard and Aylesbury.
Transport minister John Hayes commented: “I want people up and down Britain to benefit from quicker, more reliable journeys. Our cities and towns are the lifeblood of our economy and they, as well as our rural communities, need strong connections to thrive.
“This next phase is aimed at creating more vital links, creating jobs and opportunities and helping hardworking families across the country feel the benefits of our investment.”