uk

The new owner of the Swinford toll bridge near Oxford England won't be officially revealed until financial close, according to the auctioneer Neil Mackilligin.   All Mackilligan will say is that the buyer is a UK-based individual, who is not local to the area.

Bidding with a crowd of 700 people at Alsop's auction house in London December 3 began at pd800k ($1.28m) and the high bid was pd1.08m ($1.73m).

The Swinford toll bridge in Oxfordshire England sold today at auction in London for about $1.8m (1,080,000 pounds). The charming old stone arch bridge over the upper Thames located just west of the university city of Oxford is heavily used for its two narrow lanes  - over 10,000 vehicles average per day, so there is a good potential toll revenue stream. But the bridge's legal setting is an embodiment of English Eccentricity.

Swinford Toll Bridge (STB), a beautiful functioning private toll bridge dating back to 1767 goes on sale at auction in London England December 6. A major London auction house Allsop is handling the sale. The bridge is located on the B4044, a 2-lane rural arterial just 8km (5 miles) to the west of the middle of Oxford, the famous university city.

Likely next prime minister of Britain, David Cameron says he favors great use of toll financing for specific roads.

Central area congestion charging took a serious blow with a decisive rejection of a package of congestion charging and extravagent new public transit in a popular vote in Manchester, Britain's second metro area. Just over half of 2m eligible voters have voted in eight Manchester area constituencies and the proposals went down to defeat in all eight, with the overall margin 79% against, 21% in favor.