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Finance and Risk

An article in this morning’s South China Post says that Chinese companies are increasingly pursuing investment opportunities in big British infrastructure projects – including the water and wastewater sector.

 

The Civil Engineering Contractors Association (CECA) has written to Chancellor George Osborne ahead of the 2013 Budget to set out a list of infrastructure priorities that need to be addressed if the sector is to fufil its potential in returning growth to the UK economy.

 

Wednesday, 23 January 2013 11:39

New round of Regional Growth Fund opens

A new round of the Regional Growth Fund has opened – the Government is urging businesses across the country to bid for a share of the £350 million cash pot.

 

Wednesday, 16 January 2013 10:53

Lords question Thames Water dividend policy

Thames Water’s dividend policy came under fire in the House of Lords yesterday as peers debated the costs to the consumer of the Tideway Tunnel.

 

The National Audit Office (NAO) has highlighted five key risks to the value for money of projects included in the government’s national infrastructure plan.

 

Credit rating agency Moody’s has said Ofwat’s latest proposals for water company licence modification are credit positive for the sector.

The UK is in danger of missing out on significant investment in its national infrastructure as funds increasingly view markets in the Gulf region and Asia as safer bets, according to research published today by global built asset consultancy EC Harris.

Thames Water is coming under ongoing pressure with regard to the funding needed to financé the costs of building the Tideway Tunnel – last week MP Simon Hughes and format Ofwat Director-General Sir Ian Byatt questioned the proposals, while articles in the Guardian, the Times and the Financial Times also flagged up serious concerns on the subject.

 

The European Investment Bank has released details of new proposals now under consideration to fund major flood prevention and protection works in Turkey.

 

A new platform to support pension funds investing in infrastructure projects has secured the critical mass of Founding Investors needed to move to the next stage of development.

 

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