But that's less than a fifth of what the Asphalt Industry Alliance says is needed.
English councils will get a £420 million fund to fix potholes on local roads, the Chancellor announced in yesterday’s Budget.
According to the RAC, the cash injection will come as part of an investment in infrastructure totalling around £30 billion.
The UK’s crumbling roads have become a hot topic over the past few years, with the AA describing a “pothole epidemic” that had cost UK insurers more than £4 million during the first four months of 2018.
Back in March, a study by Kwik Fit found that potholes cost UK motorists an estimated £915 million in car repairs over a 12-month period, while a report from the Asphalt Industry Alliance (AIA) showed that 24,000 miles of road needed replacing by March 2019.
Now, though, the government will try to address that by spending the entire £420 million before the 2018/19 financial year ends in April.
However, the AIA has said a total of more than £9.3 billion would be needed to sort out every pothole in the country – 22 times more than the government has promised.
Alongside the investment in pothole repairs, Chancellor Philip Hammond will promise to ring-fence vehicle tax revenue collected after the 2020/21 financial year and reinvest £25.3 billion in motorways and A-roads, as well as £3.5 million on local roads.
Furthermore, the government will also spend £150 million on addressing congestion hotspots between 2021 and 2023.
RAC chief engineer David Bizley welcomed the investment, but said a “long-term” plan was needed to completely repair the country’s scarred road surfaces.
“This is good news for the nation’s motorists,” he said. “The government made a commitment three years ago to ring-fencing all the money collected from vehicle tax from 2020/21 to maintain and improve our most important roads. It is good to see the Chancellor delivering on this promise and it is clearly a big step in the right direction.
“While the focus of this cash injection is strategic and major roads it is also positive that other local roads will benefit to some extent. But what is also needed going forward is a similar long-term strategy and funding for the maintenance and improvement of all local roads so that we can, over perhaps 10 years, eliminate the backlog in preventative maintenance that has led to so many potholes appearing during periods of adverse weather.
“Local roads are vitally important as almost all journeys start and finish on them and they, in turn, provide links to and from motorways, dual carriageway and major A-roads – keeping the country and our economy moving.”