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‘Build baby build’: Break infrastructure ‘inertia’ to boost growth, report urges

‘Build baby build’: Break infrastructure ‘inertia’ to boost growth, report urges

Ministers have been urged to break Britain’s infrastructure “inertia” in a bid to turbocharge the planning system and ramp up growth, according to a think tank report. Ministers have been urged to break Britain’s infrastructure “inertia” in a bid to turbocharge the planning system and ramp up growth, according to a think tank report. Streamlining...

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Debt rule to change to fund major projects

Debt rule to change to fund major projects

At the moment, the amount of money the government can borrow for investment is restrained by the amount of debt it has. There is a self-imposed rule that debt – the total amount the government owes – must fall in five years’ time. Many rich countries have similar rules, to keep government finances under control...

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UK Fears Chinese Hackers Compromised Critical Infrastructure

UK Fears Chinese Hackers Compromised Critical Infrastructure

Chinese state actors have made widespread — and likely successful — efforts to access British critical infrastructure networks, according to UK officials, underscoring fears of vulnerabilities to increasingly sophisticated cyberattacks by foreign powers. Senior ministers in the Labour government have been informed since taking power in July that hackers linked to Beijing have probably compromised...

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Bulk Infrastructure appoints Richard Brandon for top role

Bulk Infrastructure appoints Richard Brandon for top role

Bulk Infrastructure has appointed Richard Brandon as its Chief Development Officer, a move aimed at bolstering its capabilities in large-scale data centre development. Brandon brings over 24 years of experience in the data centre industry, having held senior roles with several high-profile companies. His previous positions include leading major data centre development programmes across the...

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Macquarie, DP World and MAG commit to investment in UK infrastructure

Macquarie, DP World and MAG commit to investment in UK infrastructure

As the UK prime minister delivered his speech at the inaugural International Investment Summit, calling for a more streamlined regulatory environment and a reduction in bureaucratic hurdles, infrastructure investors like Macquarie, DP World and Manchester Airports Group (MAG) expressed their keen interest in investing heavily in the UK economy. However, a body representing more than...

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UK must prepare for widespread road pricing, says infrastructure tsar

UK must prepare for widespread road pricing, says infrastructure tsar

Britain must prepare for the widespread use of road pricing to make up a £35bn shortfall in tax revenues from the transition to electric vehicles, the country’s top infrastructure adviser has said. Sir John Armitt, the chair of the National Infrastructure Commission (NIC), said it was time for a “proper public debate” about the future...

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New body to “get a grip” on infrastructure delays

New body to “get a grip” on infrastructure delays

Chief Secretary Darren Jones sets out plan for Britain’s infrastructure to restore investor confidence. New body will help “get a grip” on the delays to infrastructure development. Government also sets out first national infrastructure strategy just days before global investors arrive in the UK for the International Investment Summit.  The cycle of underinvestment and instability that has...

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Infrastructure body backs massive heat pump roll-out but spurns hydrogen

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 said electrification was the only viable option for decarbonising buildings at scale and meet the UK’s climate targets. Seven million...

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Network Rail reveals top suppliers spend

Network Rail reveals top suppliers spend

The rail infrastructure body raised spending among its leading suppliers by 7%, with major power supplier EDF continuing to rank as the biggest supplier followed by signalling and train control specialist Siemens Mobility in second place. Network Rail’s top suppliers by spend Rank Supplier 24/23 23/22 1 EDF Energy Customer £681m...

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UK Infrastructure Bank invests £87m in new subsea cable factory

UK Infrastructure Bank invests £87m in new subsea cable factory

The UK Infrastructure Bank (UKIB) has earmarked a hefty £87m for the development of a new subsea cable factory in the Scottish town of Hunterston. The funding is set to be granted to XLCC, an Essex-based cable manufacturer. The state-owned development bank, UKIB, has committed to an initial investment of £20m, with an additional £67m...

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UK construction activity August 2024: Infrastructure | Construction News

UK construction activity August 2024: Infrastructure | Construction News

25 Sep 2024 By Contributor Main contract awards and detailed planning approvals declined compared to both the previous quarter and the previous year. On a positive note, project starts increased year-on-year. Infrastructure overview Civil engineering work starting on site during the three months to August totalled £9.1bn, a 9 per… > No online subscription: This...