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26 May 2011, 11:25
Nottinghamshire County Council has offered the government £20m to bring forward the widening of the A453.
The road is one of the busiest in the East Midlands and the UK, connecting Nottingham to the M1 at junction 24. Up to 30,000 vehicles use the single-carriageway road every day.
The Council has written to Transport Secretary Philip Hammond proposing it's support for the project which, in full, would cost £164m.
As part of the recent spending review, the widening-scheme, along with 13 others across the country, was pushed back to at least 2015.
Nottinghamshire County Council Leader Kay Cutts said:
"The A453 is the weakest link in the regional road network and the road, in its current state, is severely limiting the economic recovery and development of the area.
"Its widening is fundamental to unlocking the huge economic potential of our vibrant county. We already know that the traffic delays encountered, especially by businesses, are having a detrimental effect upon inward investment."
The council say it'll raise the £20m through borrowing and repay it back over a number of years.