Business leaders will not invest in Britain because the country's transport system is at "breaking point", a report claimed today.
With the busiest roads in Europe and one of the most unreliable railways, lower costs and better infrastructure in the US, France and Germany mean business will go elsewhere.
The CBI report, entitled Is Transport Holding the UK Back?, compared rival congestion problems, cost and transport networks.
John Cridland, CBI Deputy Director-General, said: "The legacy of under-investment in transport by successive governments is well known, but transport has been a thorn in the side of the UK economy for too long.
"The existing system has been pushed to breaking point.
"Meanwhile, our competitors are pressing home their advantage."
Monday October 27, 2003
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