CAMPAIGNERS have won their fight for safety improvements on a stretch of the A10179 dubbed "suicide junction".
Transport Secretary Patrick McLoughlin has approved funding for 25 schemes, totalling £49m, designed to cut congestion.
Included in the Department for Transport masterplan is £1.5m funding for a "four-arm roundabout" at the crossroad junction between the A1079 and Holme Road at Market Weighton.
East Yorkshire MP Sir Greg Knight, who handed in a 1,000-name petition in 2011 calling for a roundabout, said it would also help improve safety at the accident black spot.
He said: "The problem you face at this location is that you have two junctions either side of a very busy road – in fact, the main arterial road linking Hull with York.
"The answer was a roundabout and I am delighted that the Government has found the money to enable this scheme to go ahead.
"It will improve the flow of traffic and it will also remove an accident black spot, so it's a double win."
Earlier this week, Sir Greg met Mr McLoughlin's junior minister to press home the case for the roundabout.
He said: "I reminded him of the petition and pressed home the point that there is strong support from local residents for this.
"Some congestion-busting schemes will not be popular, but residents are very much for this one."
The Department for Transport said installing a roundabout would "unlock a large area of residential development land".
It is understood East Riding Council has earmarked this land for a housing development.
The Government will put £1m into the scheme, with East Riding Council and its private sector partners expected to contribute an additional £500,000.
Council leader Councillor Stephen Parnaby OBE said: "The council is absolutely delighted to have secured £1m from the Department for Transport's Local Pinch Point Fund to construct this much-needed roundabout at the junction of the A1079/Holme Road in Market Weighton.
"The scheme will substantially improve accessibility for residents of Market Weighton and Holme-on-Spalding-Moor onto the A1079.
"It will also alleviate traffic congestion and improve road safety at this junction, where there have been 14 casualties in the past five years."
The Government's newly-created Local Pinch Point Fund is designed to kickstart the nation's economy by freeing up clogged roads.
Work is expected to get under way in September, with a provisional completion date of January 2015.