It includes improvements on the A46 in Coventry and between Stratford and Warwick as well as a range of other projects across the wider Midlands.

Corin Crane, chief executive of the Chamber, said improving the road network was vital in stimulating growth.

He said: “Midlands Connect has set out where it believes investment should be targeted and the priorities for our region when it comes to our roads.

“Of course, we want to see improvements on our own patch but when you look at the wider report there are, for example, calls to improve the A5 which directly affects our members too.

“It’s vital to take a regional viewpoint. Businesses and their staff don’t adhere to local authority boundaries – they travel across borders and having a road network that is fit for purpose is vital.

“I think everyone would agree that there have been major improvements in Coventry and Warwickshire in recent years and the recommendations in this report would provide a further boost to our region.”

Mike Bull, Programme Director at Midlands Connect, said: “We never recommend a project for funding unless we believe the benefits outweigh the costs. The 17 road projects mentioned in the report have the ability to cut congestion, help create new jobs and homes, as well as improve safety across the region. They are real ‘no brainers’ for stimulating economic growth during this challenging time.

“We will continue to support National Highways and the relevant Local Authorities in making the case for these much-needed schemes to Government.”