As the government establishes its 10-year strategy for infrastructure investment, a new report from the National Audit Office (NAO) has set out the key lessons when considering the use of private finance for public infrastructure projects.

The House of Lords Industry and Regulators Committee will continue its inquiry on the work of Ofwat by taking evidence from Thérèse Coffey MP, Secretary of State for Environment, Food and Rural Affairs from 3pm tomorrow.

Chancellor Rishi Sunak has appointed John Flint as the first permanent Chief Executive Officer of the UK Infrastructure Bank (UKIB).

In its final comments to the Competition and Markets Authority in the PR19 appeals inquiry, Ofwat has told the CMA that the latest stages of the process have seen the consumer voice “drowned out” with the submissions made to the CMA “increasingly…dominated by the well-resourced company and investor voice.”

In the latest stage of the PR19 appeals inquiry, iCON Infrastructure LLP has written to the Competition and Markets Authority (CMA ) saying it is “deeply concerned” about “the highly aggressive posture adopted by Ofwat in response to the redeterminations generally, including threats of judicial review following the CMA’s Provisional Findings.”

The House of Commons Environmental Audit Committee is calling on the Government to make it mandatory for all large companies and asset owners—such as pension funds—to report their exposure to climate change risks and opportunities by 2022.

Mid-market infrastructure investment manager Ancala Partners is buying South Downs Capital, the parent company of Portsmouth Water.

Balfour Beatty is calling on the Government to bring forward ‘shovel ready’ schemes, including flood defence works, in its‘Small Scale, Big Impact: Infrastructure and Economic Regeneration’ paper published today.

A coalition of UK business, industry, academic and environment leaders, including the utilities, has issued a nationwide call for evidence to inform an independent assessment of the UK’s future infrastructure needs and how they could be met.

New proposals by Ofwat look set to usher even more competition into the UK water sector, including plans to open up the market for increased water trading, energy generation from sewage sludge and more direct procurement of large-scale infrastructure investments like the Thames Tideway Tunnel.