1.10.11

Britain's Cure For Economic Slow Down



In the UK, our Government is a bit backwards when it comes to helping the economy, helping the pound sterling or battling knife crime, but this perhaps the stupidest one yet.
"Now it is time to put Britain back in the fast lane of global economies and look again at the motorway speed limit which is nearly 50 years old, and out of date thanks to huge advances in safety and motoring technology," Transport Secretary Philip Hammond said.
The speed limit on Britain's motorways is 70 miles per hour (120 kph), lower than in many countries in continental Europe.
"Increasing the motorway speed limit to 80 mph would generate economic benefits of hundreds of millions of pounds through shorter journey times. So we will consult later this year on raising the limit to get Britain moving," Hammond said.
The government is seeking ways to boost a faltering economy without breaking with its austerity plans.
Its "drive faster" plan was condemned by environmentalists who said it would lead to increased oil consumption and carbon emissions. Hammond said he was confident higher speeds would have only a marginal effect on road safety.

No comments:

Post a Comment