I've already written for the Daily Mail about the Institute of Economic Affairs paper Sharper Axes, Lower Taxes which proposes cutting state spending from 40% to 30% of GDP by the time of the next election with a programme of an extra £215 billion spending cuts.
The following is their proposal to save an estimated £1 billion by desisting from funding the "traffic calming" measures of local councils.
Liberalising state-owned local roads
Local government spending on roads also includes £2.5 billion per annum of capital expenditure (DfT, 2010a), although this is likely to fall significantly by 2014/15. Since the mid-1990s, various traffic control measures rather than road improvements have come to dominate council projects. These include ‘traffic-calming’ schemes such as constructing road humps and chicanes; narrowing roads and widening pavements; increasing the number of traffic lights; installing bus and cycle lanes, etc.