King: Use VED to create national pothole fund
The AA’s Edmund King believes Vehicle Excise Duty (VED) should be used to create a national protected fund that can be used to pay for future road improvements, such as the repair of potholes. “You need all the money to be ring fenced so it is spent on maintenance,” he said. “If you had a […]
Conservatives accused of “u-turn” on vow to ring-fence vehicle tax for road projects
A Conservative commitment to ring-fence vehicle tax revenue to fund road projects has been dropped, according to the PA news agency. Revenue from vehicle excise duty (VED) goes into the Consolidated Fund – a general pot of tax receipts – despite promising to launch a new National Roads Fund (NRF) in 2020. The Treasury insisted […]
