7 days ago Dearbail Jordan,Business reporter, BBC News Getty Images Shareholders in some of the UK’s largest water companies have taken out tens of billions of pounds but failed to invest, new research claims, with firms planning to raise household bills to fund future spending. Investors have withdrawn £85.2bn from 10 water and sewage firms...
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Breakout stock: JSW Infra share price jumps over 5% amid heavy volumes, may see 26% more upside. Check target price | Stock Market News
JSW Infrastructure share price jumped nearly 6% on Friday amid heavy volumes and buying interest in the stock. JSW Infra shares rallied as much as 5.9% to a high of ₹274.50 apiece on the BSE. The volumes in JSW Infrastructure shares reached 93 lakh on May 17 as compared to its one week average of...
Second National Infrastructure Assessment – NIC
In the five years since the first National Infrastructure Assessment, government has worked to increase the share of electricity generated by renewables, set up the UK Infrastructure Bank, devolve transport funding to major city regions, and provide industry with the direction to rapidly build gigabit capable broadband networks. But there is more to be done...
Illegal ‘ghost plates’ checked in Wolverhampton taxi blitz
Taxis using illegal infra-red number plates that cannot be read by speed cameras are being targeted by licensing officials. So-called ghost plates make vehicles illegally invisible to speed, bus lane or low-emission zone cameras, City of Wolverhampton council said. The authority has now invested in specialist cameras for its taxi licencing and compliance officers who...
Infrastructure trusts in ‘uncharted territory’
Infrastructure trusts can no longer invest just in government-backed assets in the UK The “handing back” of expiring projects is likely to be a delicate phase Infrastructure trusts are facing a “complex and time-consuming” process of handing back assets to the government, as a number of the projects they invest in approach their expiry date....
Galliford Try creates new infrastructure director post | Construction News
Galliford Try has appointed a former HS2 chief as its first divisional managing director for infrastructure. David Lowery, who joined Galliford Try three years ago after heading an HS2 joint venture, will take up the position on 1 July. Lowery will be responsible for the firm’s environment division, which is focusing on water infrastructure upgrades....
Incredible new £31m bunker under major UK city could unlock key energy source
An incredible £31m underground hub that hopes to unlock geothermal energy has opened beneath a major UK city. The multi-million pound geological research facility at Thornton Science Park, Chester, will enable scientists to monitor what lies beneath the city’s surface. Its aim is to develop low-carbon energy technology by utilising geothermal sources. It features an...
Infrastructure body backs massive heat pump roll-out but spurns hydrogen
The UK government should rule out backing hydrogen as way to heat homes and instead focus on the speedy roll-out of heat pumps and networks, according to country’s top infrastructure advisor. The National Infrastructure Commission, an executive agency of the government which makes non-binding recommendations to government, said electrification was the only viable option for...
Two-thirds of £4.2bn Housing Infrastructure Fund remains unspent
Only a third of the £4.2bn Housing Infrastructure Fund aimed at increasing housebuilding and unlocking hundreds of thousands of new homes has so far been spent, a Freedom of Information request has revealed. The FOI request made by local government researcher Jack Shaw, the findings of which were reported in the Financial Times (FT) yesterday,...
DLUHC picks top barrister to lead review into speeding up major infrastructure projects
The Department for Levelling Up, Housing and Communities (DLUHC) has announced the appointment of a top planning barrister to lead a review into speeding up major infrastructure project delivery. Charles Banner KC, an expert in planning and environmental regulation, will explore whether Nationally Significant Infrastructure Projects are unduly held up by inappropriate legal challenges and,...
International investigation disrupts the world’s most harmful cyber crime group
The National Crime Agency is today, Tuesday 20 February, revealing details of an international disruption campaign targeting LockBit, the world’s most harmful cyber crime group. Today, after infiltrating the group’s network, the NCA has taken control of LockBit’s services, compromising their entire criminal enterprise. LockBit have been in operation for four years and during that...
UK construction activity March 2024: Infrastructure | Construction News
24 Apr 2024 By Contributor Main contract awards fell against the previous year and the previous quarter. More positively, detailed planning approvals grew on the preceding three months and a year ago. Infrastructure overview Totalling £4.531bn, civil engineering work starting on site during the three months to March...