Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will hypothecate revenue generated from Vehicle Excise Duty to local roads maintenance from 2017.
All revenue generated through English VED from 2020-21 onwards will be used to fund the English strategic road network. This will ensure the Government can issue a second Roads investment Strategy for the period 2020-25, to follow the first strategy published at Autumn Statement 2014. Investment in our local road network will be set out as part of the Spending Review.
In the period before 2020-21, VED revenues will continue to go to the Consolidated Fund which support general expenditure on public services including spending on local roads.