The Civil Engineering Contractors Association (CECA) today said that output figures for the construction industry in Q4 2012 show a welcome return to growth, but that the sector continues to face challenging trading conditions.
A report in yesterday’s Sunday Times newspaper has suggested that former UK Prime Minister Tony Blair may have advised two sovereign wealth funds - the China Investment Corporation (CIC) and the Abu Dhabi Investment Authority (ADIA) on investing in Thames Water.
The UK Government has said that it is on target to make up to £3 billion of annual savings on infrastructure projects with the publication this morning of the first annual report of the three-year Infrastructure Cost Review programme.
The first year programme of work also included a commitment to address the problems of cyclicality in the water sector as part of a joint study with Ofwat.
Environment, Food and Rural Affairs Minister Richard Benyon has said that he “remains sceptical” on the cost of Thames Water’s proposed Thames Tunnel supersewer and that he could not possibly say that these would definitely be pegged at the current estimated level of £4.1 billion.
The Infrastructure Planning Commission has accepted for examination an application from Able Humber Ports Ltd for proposed port facilities located at Killingholme, Humberside.
The Scottish Government has published its Infrastructure and Investment Plan, which details plans for up to £60 billion of capital spending up until 2030.
The Government is due to announce a £multi-billion infrastructure investment programme aimed at kick-starting the economy later today.
Leading engineering and design consultancy Halcrow is calling for a radical overhaul of the water management network in England and Wales.
England's biggest cities will be able to make their case for new powers from central government to drive faster growth under new clauses to the Localism Bill which have been welcomed by Cities Minister Greg Clark and Chris Murray, Director of the Core Cities Group.