Egis Group chief Laurent Germain said the number of engineers leaving was creating “a lot of tension” during the recruitment process. The departure of many British engineers and experts to Saudi Arabia and North America is harming the delivery of major infrastructure projects in the UK, according to the boss of a key contractor. “So...
Category: Infra
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UK infrastructure facing crisis as engineers flock to Saudi Arabia
The boss of a key contractor has warned that the exodus of British engineers and experts to Saudi Arabia and North America is negatively impacting the delivery of major infrastructure projects in the UK. “So you see a lot of British people in Canada, you see a lot of British people in the Middle East…...
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India gets top FATF ranking; rated equal to Italy, France, and UK
India on Thursday (September 19, 2024) got top FATF rating for its terror funding and money laundering efforts. Financial Action Task Force (FATF) put India in the Regular Follow Up category which has been given to only 3 countries till now FATF’s observation says that strictness should be increased on gems and jewellery. However, FATF...
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Top Infrastructure Stocks in 2024 | The Motley Fool
Infrastructure is essential to transport and store energy, water, freight, passengers, and data. It’s the physical backbone of the global economy, so a well-maintained infrastructure is vital to the health and continued growth of the economy. Image source: Getty Images Infrastructure is costly to build and maintain. The U.S. alone needs to invest an estimated...
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Top UK Banks Push Payments Infrastructure Reform Plan – Law360
By Alex Davidson (September 17, 2024, 2:40 PM BST) — The trade body for financial institutions urged U.K. regulators and companies on Tuesday to engage with a new infrastructure for digital payments that is backed by major banks and card providers…. Law360 is on it, so you are, too. A Law360 subscription puts you at...
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UK data centres granted Critical National Infrastructure status – Techerati
The UK Government announced that data centres across the country have been classified as Critical National Infrastructure (CNI). The move, confirmed by Secretary of State for Science, Innovation and Technology, Peter Kyle, is intended to enhance the protection of sensitive data and ensure the resilience of these facilities against cyber threats, IT disruptions, and other...
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Nottingham ranks in top six local authorities for walking and cycling infrastructure | CiTTi Magazine
Nottingham City Council has been ranked as one the highest performing local authorities in the Local Authority Active Travel England Capability Ratings 2024 which reviews active travel infrastructure and support. Active Travel England (ATE) – the government’s executive agency tasked with making walking, wheeling and cycling the preferred choice for everyday trips – has this...
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MP tells broadband companies they must share infrastructure
Telecoms minister Chris Bryant has urged broadband operators to share infrastructure amid public concern over the number of telegraph poles which are being erected. Bryant met with 15 operators on Thursday and voiced concerns of residents who “have telegraph poles lodged outside their home, often without being told beforehand”. The minister said many poles were...
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Help government design infrastructure plan, says Treasury chief | Construction News
The government will “very shortly” launch a consultation with private firms on its 10-year infrastructure strategy, a senior minister has announced. Speaking at a launch event for the Labour Infrastructure Forum yesterday (11 September), chief secretary to the Treasury Darren Jones trailed a consultation route for investors and businesses. Jones said the government will “very...
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Infrabee announce major business developments including connection agreement for South Stainley solar farm | Harrogate Informer
Green energy provider Infrabee has said that it is celebrating some major business developments. The business has been securing planning permission for a number of sites, and then bidding to supply power under the Contracts for Difference (CfD) scheme. The (CfD) scheme guarantees fixed payments for electricity generators by shielding them from fluctuating market prices,...
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UK data centres to be designated as ‘critical infrastructure’
The buildings store much of the data generated in the UK – including photos taken on smartphones, financial information and NHS records. By now being categorised as Critical National Infrastructure (CNI), it means data centres will be on the same footing as water, energy and emergency service systems and therefore receive greater government support to...
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LP Perspectives 2024 | Infrastructure Investor
METHODOLOGY Infrastructure Investor’s LP Perspectives 2024 Study is our annual look into how institutional investors approach alternative asset classes. It aims to provide a granular view of the alternatives market by gathering insight on investors’ asset allocation, propensity to invest and performance predictions. It is a global study, which is reflected in the question set and the...