Follow European examples to slash construction costs, report says

Major new transport projects in London could be delivered for up to 50% less by adopting a European model of planning and financing, a London Assembly committee report says.

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Energy network investment of £28 billion approved

Energy network companies have been given approval from energy regulator Ofgem to invest £28 billion on grid improvements over the five years to 2031.

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Court finds unreasonable delay in issue of dangerous building notice

Supermarket operator Aldi has been awarded legal expenses after a judge criticised Inverclyde Council for delays in dealing with a crumbling building beside one of its stores.

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Government research fund to make construction cheaper and quicker

The government has launched a new research fund challenging UK innovators to find ways to cut the cost and time taken to build new infrastructure and buildings.

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Great British Energy publishes its first Strategic Plan

Publicly owned Great British Energy (GBE) says it will mobilise £15 billion of private finance as part of its plan to accelerate the UK’s shift to renewable power. 

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Private finance to support NHS building

A combination of private finance and public funding will be used to deliver 250 Neighbourhood Health Centres announced by Chancellor of the Exchequer Rachel Reeves in the Budget.

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Construction on RAB financed scheme expected to start next year

Chancellor of the Exchequer Rachel Reeves has confirmed government funding of £891 million towards the £9 billion Lower Thames Crossing, with construction expected to start next year.

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Action needed to encourage private finance for infrastructure, says report

A report from engineering consultant AtkinsRealis reveals strong investor sentiment for supporting UK infrastructure, but swift action needs to be taken to de-risk, incentivise, and deliver on the UK’s infrastructure ambitions.

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Government Major Project Portfolio cut in half

The size of the Government Major Project Portfolio (GMPP) will be reduced from over 200 projects to 80-100 projects, to allow for a more focused approach to the provision of enhanced oversight and specialist support from the National Infrastructure and Service Transformation Authority, Chief Treasury Secretary James Murray says in a letter to the Public Accounts Committee.

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Nuclear regulatory reform a strategic imperative, says Taskforce

The UK’s nuclear sector’s regulatory and delivery models are failing and comprehensive reform is a matter of strategic national importance, says the report of the government appointed Nuclear Regulatory Taskforce.

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