Category: Infra

Saxmundham town councillor John Findlay said the council believed the projects were in the wrong place. “There are a whole variety of views in town. Some people believe we should fight it tooth and nail. Others are saying it’s going to happen and we should try to get as much mitigation as we can,” he...

Chancellor protects public services as departments’ day-to-day spending set to grow by an average of 3.3% in real terms between 2023-24 and 2025-26, including increase of more than £22 billion for health to help bring down waiting lists. Budget will restore economic stability and begin a decade of national renewal, providing a boost to public...

Real estate and infrastructure stakeholders reacted positively to the UK budget, which outlined a range of measures designed to boost economic growth and attract investment. Key initiatives for investors include the pledge to introduce the reserved investor fund (RIF), a new tax-transparent onshore vehicle, and the establishment of the National Infrastructure and Service Transformation Authority...

Now is the time to “invest, and invest big” in radical millennium-style arts and culture projects across the UK, an economist has urged ahead of the Labour government’s first budget on Wednesday. The chancellor, Rachel Reeves, needs to urgently fund projects that “make lives livable” to help rebuild deprived parts of the country, said Andy...

The relationship between Mr Khan and the government has improved since the general election. At a recent visit to a train factory in Goole, East Yorkshire, the mayor said: “In three months we have seen them give the green light to 350 homes at Cockfosters, a green light to Oxford Street being regenerated and here...

Earlier Reeves told the BBC it was important for the government to “get a grip on day-to-day spending” by making sure it was paid for through tax receipts and by reforming public services to make them more productive. The chancellor said she will commit to a tighter financial rule requiring all day-to-day spending to be...

22 Oct 2024 By Contributor Detailed planning approvals declined compared to both the previous quarter and the previous year. On a positive note, project starts and main contract awards increased year-on-year. Infrastructure overview Totalling £8.019bn, civil engineering work starting on site during the three months to September decreased 29 per… > No online subscription: This...

Getty Images The boss of Water UK has apologised for the industry’s performance as the sector faces its biggest review since privatisation. Public anger at water companies has grown increasingly louder over rising bills, repeated sewage spills and a lack of investment. The government has launched a new Independent Water Commission chaired by former deputy...

Almost all options will be considered, including reforming or abolishing the current regulator, Ofwat. However, the government has ruled out nationalisation of the sector, as too costly and slow. Instead, the private sector will need to provide the investment needed to upgrade pipes, sewers and reservoirs. But in order to attract private capital into the...

The British Infrastructure Taskforce is about to start work with the chancellor of the exchequer. Chancellor Rachel Reeves (pictured) is meeting finance leaders today (18 October) to discuss how to enable funding and speed up delivery of major projects across the UK. It is the group’s first official meeting since the general election. The taskforce...

Rachel Reeves convened the inaugural meeting of the British Infrastructure Taskforce as part of a new approach that involves government working with business to design policy that will unlock private investment, including by building business confidence in UK infrastructure investments. The Taskforce will explore different options to support the Government’s infrastructure goals to drive growth...