Stephen Joseph OBE on why the chancellor needs to move away from plans for a few big new schemes and toward on-going investment to mend and maintain our roads.

There is under a week to go before the Chancellor announces the outcomes of the Spending Round. Judging from a number of public speeches, his instinct is to try to use big transport projects, and roads in particular, to build his way out of a cycle of sluggish economic growth. But there are good reasons why the Chancellor must challenge his instincts.

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