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...
Category: Infra
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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...
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‘Should I just leave India’: Bengaluru entrepreneur slams city’s ‘bad’ infra, weather, water
Anant Sharma, co-founder of a Bengaluru-based company, wondered if he should “leave India” as he criticised the city’s infrastructure, weather and water situation. Not just that, he even asked his social media followers if it was worth shifting to Mumbai or Pune. Anant Sharma slammed Bengaluru’s infrastructure, water situation and weather. (X/@AnantNoFilter) “Bangalore looks like...
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India among top 5 developing countries in aviation emissions in 2019, study finds – ET Infra
NEW DELHI: In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating “nearly real-time” aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14...
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India among top 5 developing countries in aviation emissions in 2019: Study
The researchers said the model is the first to provide information for the 45 lesser-developed countries that have never inventoried their greenhouse gas emissions from aviation. 3 min read Last Updated : May 01 2024 | 7:37 PM IST In 2019, India was among the top five economically developing countries in terms of carbon...
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UK Boosts EV Infrastructure with 50,000 Public Chargepoints
key milestone passed as new stats show there are now more than 50,000 public electric vehicle chargepoints boost in charging infrastructure will help the country’s transition to electric vehicles moment comes as world-leading zero emission vehicle mandate set to come into effect next year The UK has taken another step on the road to zero...
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New laws to protect consumers from cyber criminals come into force in the UK
World-first laws protecting UK consumers and businesses from hacking and cyber-attacks take effect today manufacturers of products such as phones, TVs and smart doorbells are now required to implement minimum security standards against cyber threats consumers will benefit from banning of easily guessable default passwords, marking a significant leap in protecting individuals, society and the...
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UK and Ukraine sign new defence pact
UK and Ukraine sign new arrangement on defence and industrial cooperation. Signing came during UK’s largest ever trade mission to Ukraine since Russia’s full-scale invasion, with 29 UK defence businesses in Kyiv to meet Ukrainian businesses. Trade Minister Greg Hands also in Kyiv to sign the arrangement, co-chair Infrastructure Taskforce and attend trade mission. The...
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Aviva and the UK Infrastructure Bank unveil £100m plan to help power London red buses’ electric shift
Monday 08 April 2024 9:37 am One of London’s iconic red double-decker buses. A group of investors have unveiled £100m in funding to electrify hundreds of London’s buses as part of the sector’s push to decarbonise. The UK Infrastructure Bank (UKIB) and HSBC, alongside rolling stock firm Rock Rail and the investment arm of Aviva,...