Category: Infra

Within just the first six months of 2023, organizations operating critical IT infrastructure services in the United Kingdom reported more incidents to government authorities in which cyberattacks had significantly disrupted their operations than in any year previously, according to data obtained under the Freedom of Information Act. While the total count of attacks might seem...

Statement The Bank of England (Bank) co-operates with both the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR)1 to supervise financial market infrastructure (FMI) and payment systems, respectively. The frameworks for co-operation with these authorities are set out in two memoranda of understanding (MoU). These MoUs facilitate effective supervision and policy making by exchanging...

The UK Infrastructure Bank is to move out of its temporary head office in Leeds city centre to a new base at 2 Whitehall Quay. By the end of the financial year to 31 March 2023, the growing bank employed 194 full time equivalents, mostly in the Leeds head office and have grown to needing...

Thank you, Madam Chair. During the last Permanent Council, the United Kingdom condemned Russia’s aerial attacks across Ukraine, and since then these attacks have continued to intensify, including last night. Energy infrastructure has been targeted and extensively damaged, leaving millions of civilians without power and water. The widespread impact of these attacks could last for...

Thank you, Madam Chair. During the last Permanent Council, the United Kingdom condemned Russia’s aerial attacks across Ukraine, and since then these attacks have continued to intensify, including last night. Energy infrastructure has been targeted and extensively damaged, leaving millions of civilians without power and water. The widespread impact of these attacks could last for...

Essar signs $2.4bn (₹19,000 crore) sale pact with AM/NS for infra assets Mauritius/Mumbai, August 26, 2022: In one of the largest post-pandemic M&A deals in India, Essar today announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations. The deal...

UK and Ukraine sign new arrangement on defence and industrial cooperation. Signing came during UK’s largest ever trade mission to Ukraine since Russia’s full-scale invasion, with 29 UK defence businesses in Kyiv to meet Ukrainian businesses. Trade Minister Greg Hands also in Kyiv to sign the arrangement, co-chair Infrastructure Taskforce and attend trade mission. The...

Today (9 April), Australia, Japan, Spain, Switzerland, the United Kingdom, and the United States, jointly announced the establishment of the Blue Dot Network at the Organisation for Economic Co-Operation and Development (OECD). The Blue Dot Network is an initiative to certify infrastructure projects that meet or exceed established standards of quality and sustainability.    The Secretariat will...

Network Rail has completed the 150 million GBP Hope Valley Railway Upgrade project, which is expected to enhance journeys between Manchester and Sheffield. To celebrate this achievement, Rail Minister Huw Merriman visited Dore & Totley station in Sheffield on Monday 8 April, where a new and fully accessible platform has now opened. First train at...