Share

UK's cure for slow economy: drive faster

London - The British government has come up with a literal cure for economic slowdown - it wants drivers to drive faster on the nation’s motorways.

“Now it is time to put Britain back in the fast lane of global economies and look again at the motorway speed limit which is nearly 50 years old, and out of date thanks to huge advances in safety and motoring technology,” Transport Secretary Philip Hammond said.

The speed limit on Britain’s motorways is 70 miles per hour (120km), lower than in many countries in continental Europe.

“Increasing the motorway speed limit to 80 mph would generate economic benefits of hundreds of millions of pounds through shorter journey times. So we will consult later this year on raising the limit to get Britain moving,” Hammond said.

The Conservative government is seeking ways to boost a faltering economy without breaking with its austerity plans.

Its “drive faster” plan was condemned by environmentalists, who said it would lead to increased oil consumption and carbon emissions. Hammond said he was confident higher speeds would have only a marginal effect on road safety.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.13
+0.2%
Rand - Pound
23.80
+0.1%
Rand - Euro
20.41
-0.1%
Rand - Aus dollar
12.30
+0.0%
Rand - Yen
0.12
+0.1%
Platinum
942.50
-0.8%
Palladium
1,024.50
-0.5%
Gold
2,387.26
+0.3%
Silver
28.49
+0.9%
Brent Crude
87.11
-0.2%
Top 40
67,162
-0.0%
All Share
73,204
-0.1%
Resource 10
63,141
-0.3%
Industrial 25
98,541
+0.1%
Financial 15
15,456
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders