Yesterday, Transport Secretary Rt Hon Heidi Alexander MP announced a £4.8 billion interim settlement for National Highways for 2025 to 2026, in a written statement to Parliament.  

Heidi Alexander MP said:

[The government is] providing details of a £4.8 billion interim settlement for National Highways in 2025 to 2026 to keep the strategic road network working for the people and businesses that rely on it every day. Delivery of this investment focuses heavily on operating, maintaining, and enhancing the strategic network

The current Road Investment Strategy (RIS) expires at the end of March 2025, and the government have signalled their intent to set a new multi-year funding strategy, that will be informed by the impending governmental Spending Review. 

More information about the National Highways interim funding settlement 25/26 for the Strategic Roads Network (SRN) is available to read here.  

The full written statement to Parliament is available to read here. 

CIHT looks forward to continuing to work with the Department for Transport and the government on providing maintenance and enhancements to the highways network, whilst working to create a transport network that is fit for all our futures.