The Congress on Monday demanded a thorough review of a proposed “mega infrastructure project” in Great Nicobar initiated at the “instance” of the Niti Aayog, claiming that it poses a grave threat to the island’s tribal communities. Havelock Islands, Andaman & Nicobar: Known for its pristine white-sand beaches, coral reefs and great scuba diving experience,...
Category: Infra
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Labour manifesto promises infrastructure and planning overhaul | Construction News
The Labour Party has promised to overhaul planning rules and fund infrastructure in a bid to revive the economy. In a 132-page manifesto published ahead of the 4 July general election, the Labour Party pledged to shred planning constraints for infrastructure and housing, adding that it would reform delivery of infrastructure and use its muscle...
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Britain Is Plagued by Tories’ Failure to Build
This is part of a series on what 14 years of Tory rule have delivered for Britain’s economy, society and standing in the world. The challenges awaiting the next government are numerous. Britain doesn’t spend enough on its housing, railways and other economic infrastructure, and the country is poorer, less competitive and more unequal as...
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Siemens Mobility to invest £100 million in new UK rail infrastructure factory
Siemens Mobility is investing heavily in a new state-of-the-art rail infrastructure site in Wiltshire. The new £100 million factory at Chippenham will produce the next generation digital rail signalling and control systems. The Government has called the investment “a big boost for Britain’s world-class manufacturing sector.” Chancellor Jeremy Hunt added: “This digital technology will improve...
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UK snap election delays major infrastructure pipeline projects | Ground Engineering
The UK general election has delayed major projects, but industry figures are hopeful that a new administration could re-energise the country’s infrastructure focus. Planning decisions on the Lower Thames Crossing and Immingham Eastern Ro-Ro Terminal have been pushed back following prime minister Rishi Sunak’s announcement of a general election for 4 July. The secretary of...
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Inside Starmer’s plan to use private finance to boost Britain’s infrastructure
Sir Keir Starmer is planning to use private finance to boost Britain’s infrastructure as part of a 10-year strategy to be set out within the first year of a Labour government if it wins power, i has learnt. According to industry sources, the party has drawn up plans to increase private-sector financing and streamline the...
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UK not heeding warning over China threat, says ex-cybersecurity chief
The UK is not paying enough attention to a “gamechanging” shift in China’s cyber-espionage tactics towards infiltrating critical infrastructure including energy and communications networks, a former head of Britain’s cybersecurity agency has warned. Ciaran Martin, the ex-chief executive of the National Cyber Security Centre, said a warning from the US this year that Chinese state-backed...
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UK Infrastructure Bank: ‘We’re the catalyst’
The UK’s part-answer to Germany’s KfW and Bpifrance is the UK Infrastructure Bank (UKIB). Built on Brexit rubble in the wake of the UK leaving the EU – and, with it, the European Investment Bank – UKIB was established in early 2021. Its five-year mandate is to invest £12 billion ($15.2 billion; €14.1 billion) to...
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In full: Angela Rayner’s speech to UKREiiF
Below is the full text of Angela Rayner’s speech in Leeds this morning (21st May). “It is great to be here, for the second time in as many months. And it’s the perfect venue because Leeds Dock was built through government working in partnership with people like you here today. Investment and innovation, together with...
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Tata Steel signs grid agreement to make its UK project green – ET Infra
Tata Steel has signed an agreement with National Grid Plc‘s Electricity System Operator to build the power infrastructure required to switch its Port Talbot site to a green steel project. The deal will see the British grid operator build the new electrical framework capable of powering the Indian company’s 3.2 million-ton electric arc furnace by...
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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...
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Dividend stocks: Hindustan Zinc, IRB Infra, Coforge among 5 stocks to trade ex-dividend today | Stock Market News
Dividend stocks: Shares of Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, Aptus Value Housing Finance India Ltd, Canara Bank, Solara Active Pharma Sciences Ltd, and Viji Finance Ltd will be in focus when the stock market opens on May 15 (Wednesday). The Board of Directors of these companies have declared...