Wednesday, 8 May 2013

M6 toll road branded cash-losing flop

Central England's most important artery, the M6, has shown itself to be a money-losing disaster. Just one in 10 trucks are using the new £900m toll road road - and only 34,000 vehicles on a daily basis, compared to an original estimate of 72,000.

There are now calls for the road to be returned to the taxpayer, with toll fees slashed.
Public ownership?
Owned by Midland Expressway via parent company Macquarie Atlas Roads, Britain's first pay-as-you-go highway - the toll costs £5.50 for private cars and £11 for trucks - could even be renationalised, some are urging.

"If the M6 Toll cannot be made to work in terms of attracting more vehicles off the M6 then one solution is to take it into public ownership," Geoff Inskip, boss of Centro, the West Midlands transport authority said
"This would give us the option of setting a level of charge that does encourage through traffic," he adds. Macquarie Atlas is lumbered with the M6 Tollway concession until 2054. Most toll roads in the UK are constructed to deal with open stretches of water and bridges - but not the M6.

"Bad choice for motorists"

And why would anyone pay to use the M6 when traffic congestion is okay, helped in part by better up-to-date information from a satnav or other device? The Campaign for Better Transport claims traffic on the M6 has returned to pre-toll levels and most journeys are only marginally quicker than in 2003.

"When the M6 Toll opened, drivers were promised faster, more reliable journeys if they paid the £2 [2003] charge. However, with journeys on the toll road not being significantly faster than on the M6, and with sizeable price increases every January, paying the toll remains a bad choice for motorists."

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