Blog - May 2009
The Confederation of British Industry (CBI) and the Freight Transport Association (FTA) have published a study which purports to argue that road pricing in cities would benefit business. The consultants who carried out the work devised a model city with road pricing based on a double cordon – as had been proposed for Manchester but which was rejected in the referendum.
However, the conclusion of the study - that there would be a modest net benefit to business from road pricing - depends on the (dubious) assumption that the revenues would be used substantially to subsidise public transport in ways that would benefit businesses. Worse, the study indicates that the costs arising from road pricing that are incurred by customers of businesses and their staff who commute to work would substantially outweigh the benefits to the firms themselves.
The conclusion I draw is that this report offers nothing to encourage customers and commuters to vote for city centre road pricing, and little if any economic benefit for business.
Categories
February 2012January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
