Motorists face inflation busting price rises every year for the next decade on the M6 Toll, the Evening Mail can reveal. The news has been greeted with dismay by drivers' groups who claim the toll is already set far too high. The parent company of Midland Expressway Ltd, Macquarie Infrastructure Group set out its revenue forecasts in a document last year - obtained by the Evening Mail. They are hoping to make a whopping £70 million in revenue this year. The bombshell comes just a day after the company behind Britain's first toll road revealed poor user figures. Just 30,000 people a day used the road each day in January - well down on the 75,000 hoped for. And that figure is hardly likely to increase as the charges force motorists back onto the free M6. The financial plan includes assumed toll increases of 1.5 per cent above the rate of inflation per annum for the first ten years. Geoff Dossetter, from the Freight Transport Association, said: "The deal they made with the Government gives them the right to change the prices by whatever they want. "I suppose it will be a case of motorists voting with their wheels." John Lamb from Birmingham Chamber of Commerce and Industry said: "It beggars belief that the government did not think that something like this would happen. "Giving them the right to set any price they want to is ridiculous." The business plan also reveals that by 2014 the company wants to be making £140 million a year at 2004 prices. Earlier this week, the Evening Mail revealed that another Macquarie Infrastructure Group toll road - Highway 407 in Canada is the subject of a legal battle with the government after the price was raised six times in five years. Tom Fanning, managing director of Midland Expressway Ltd, which runs the M6 Toll said: "Any decisions regarding toll charges are made from time to time and reflect the company's view of the operational performance of the road in conjunction with the efficiency of the service being provided to road users." |