The proposed Lower Thames Crossing aims to enhance transport links and ease congestion, promising significant economic benefits for the UK.
Tilbury: A new tunnel project is in the works. It’s called the Lower Thames Crossing. This tunnel will connect Essex and Kent. It’s about 14.3 miles long and goes under the River Thames.
Rachel Reeves supports this project. She believes it could help UK industry. The Chancellor called it an important project. They’re looking into private funding options before a decision in May.
This tunnel will link major roads in Kent and Essex. It will improve transport between London and Dover. This route is crucial for goods traded with Europe.
The project could redirect 13 million vehicles. This would ease traffic at the busy Dartford Crossing. Currently, that’s the only road crossing east of London.
Logistics UK, a major business group, is excited about this plan. They represent over 18,000 firms in transport. They say congestion at Dartford costs the UK over £200 million each year.
Freight vehicles make up 40% of the traffic there. Natalie Chapman from Logistics UK says the Dartford Crossing is often too crowded. There aren’t many alternatives when delays happen.
She sees the Chancellor’s support as a positive sign for British business. This is especially important with the upcoming rise in National Insurance for employers.
Channel ports are vital for UK exports. Time-sensitive goods, like fresh fish, need quick transport. Delays can increase costs for consumers.
The project still needs approval by May 23. However, Logistics UK sees the Chancellor’s speech as a hopeful sign for future investments in transport.
The new tunnel will also benefit drivers. Journey times at Dartford could improve by 30%. Between Kent and Essex, it could be even better at 46%.
Logistics UK estimates the project could add £40 billion to the UK economy. It will improve efficiency and help keep inflation down.
Once the road opens, people will notice the benefits. It will create jobs in construction and boost growth in the area.
Richard Smith from the Road Haulage Association calls this a major win for the sector. He believes it will help reduce delays for lorries and vans.
However, some local leaders are skeptical. James McMurdock thinks the plans won’t solve all traffic issues. He worries it might not consider public transport needs.
On the same day, Reeves also announced support for expanding Heathrow Airport. David Wells from Logistics UK believes these projects will improve goods delivery across the country.
He emphasizes that quick planning decisions will be key to the success of these projects.
