With inflation pushing project costs higher, EY’s report identifies £1.6trn of UK infrastructure and capital projects that are currently unfunded. Closing this deficit without government spending would require private sector investment to more than double from current levels by 2040. EY’s report identifies alternative financing models, design phase improvements and AI opportunities that could close...
Category: Infra
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UK construction activity August 2024: Infrastructure | Construction News
25 Sep 2024 By Contributor Main contract awards and detailed planning approvals declined compared to both the previous quarter and the previous year. On a positive note, project starts increased year-on-year. Infrastructure overview Civil engineering work starting on site during the three months to August totalled £9.1bn, a 9 per… > No online subscription: This...
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UK infrastructure facing crisis as engineers flock to Saudi Arabia
The boss of a key contractor has warned that the exodus of British engineers and experts to Saudi Arabia and North America is negatively impacting the delivery of major infrastructure projects in the UK. “So you see a lot of British people in Canada, you see a lot of British people in the Middle East…...
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New towns, 1.5 million homes and renewing the UK’s infrastructure…. what the new government is promising for construction
Labour has won a historic landslide and now construction professionals will be turning their eyes to the party’s pledges for the built environment. The party has put planning reforms, housebuilding and infrastructure at the centre of its 142-page manifesto, which it titled ‘Change’. Keir Starmer’s party, after winning more than 400 seats in yesterday’s election,...
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NAIA turned over to San Miguel-led group as rehabilitation begins
The government turned over Saturday the operation of the Ninoy Aquino International Airport (NAIA) to the San Miguel-led New NAIA Infra Corp., setting in motion the rehabilitation of the Philippines’ main gateway. In a news release, the Department of Transportation (DOTr) said key officials of the agency and Manila International Airport Authority (MIAA) handed over...
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UK datacenters to enjoy special protections with CNI status
From today, the UK is designating datacenters as critical national infrastructure (CNI). As a result, the sector is expected to get special government support designed to prevent negative economic impacts of IT outages like CrowdStrike’s, cyberattacks, and extreme weather events. That special support will come in the form of a dedicated CNI data infrastructure team...
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Data centres gain protected status in UK as ‘Critical National Infrastructure’
The UK Government has designated data centres as “Critical National Infrastructure,” offering increased protections for sites throughout the country. Assets that receive a CNI destination receive increased support in the event of incidents owing to their importance to the British economy. Data centres are now on equal footing as the country’s water and energy services...
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AWS cloud to rain another £8 billion in the UK for local cloud infrastructure
British cloud demand, very much fueled by generative AI needs, far exceeds the capacity of currently available cloud environments, said Gartner VP Analyst Sid Nag. “The UK needs a lot more cloud resources,” Nag said. “Amazon has had challenges in the European market related to pricing. It is clear that they are responding to a...
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Data centres to be given massive boost and protections from cyber criminals and IT blackouts
Data centres powering the economy will be designated as Critical National Infrastructure (CNI) alongside energy and water systems. Critical National Infrastructure designation will allow the government to support the sector in the event of critical incidents, minimising impacts on the economy. Follows near £4 billion proposed investment in Europe’s largest data centre in Hertfordshire which...
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UK designates the data center sector part of its ‘Critical National Infrastructure’
The British government announced on Thursday it had designated the data center sector as a part of the country’s critical national infrastructure (CNI) meaning it would receive the same level of attention from officials as sectors including energy and water supplies. “Data including vital NHS, financial, and personal smartphone data is set to be safer...
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HS2 Completes UK’s Longest Rail Bridge
HS2 Ltd has completed the Colne Valley Viaduct, which now holds the title of Britain’s longest rail bridge. This record was set as the final deck segment of the 3.4-kilometre (2.1-mile) viaduct was lowered into place. Its length now surpasses the 137-year record previously held by the Tay Bridge in Scotland. Aerial view of HS2’s...
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UK, India launch major Infrastructure Financing Bridge to strengthen ties
India-UK relations | Representative Photo: Shutterstock 3 min read Last Updated : Sep 05 2024 | 10:31 PM IST The United Kingdom and India have officially launched the United Kingdom-India Infrastructure Financing Bridge (UKIIFB), a new initiative designed to strengthen their financial and professional services collaboration, an official press release by the City of...