Devon County Council has approved schemes to improve the reliability of bus services in Barnstaple, Exeter and Newton Abbot. This 2.8 million GBP investment aims to encourage more people to use the region’s bus services. It follows Devon County Council (DCC) being awarded 14.1 million GBP in Bus Service Improvement Plan funding in 2022. Schemes...
Category: Infra
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2023 Infrastructure Outlook | UBS United Kingdom
The infrastructure sector remains resilient despite the market turmoil in 2022. Secular trends such as digitalization and decarbonization will continue to drive the need for new investments. However, macro conditions have worsened significantly. Investors can no longer count on cheap credit to boost investment returns. Looking ahead, more reflection and rigor are needed in their...
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Digital Realty enhances European colocation capabilities with data center campus acquisition in Slough | Digital Infra Network
VIRTUS Data Centres (VIRTUS) is a trusted global leader in the data centre industry and the UK’s leading data centre company, committed to delivering reliable, resilient and responsible digital infrastructure for our customers. As part of ST Telemedia Global Data Centres (STT GDC), VIRTUS Europe is the home of the cloud in London, and at...
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Chancellor puts transport and energy infrastructure at heart of Government’s plans for economic growth – transportandenergy
Chancellor Rachel Reeves has promised to take immediate action to fix the foundations of the UK’s economy and wants the Secretaries of State for Transport and Energy Security and Net Zero to prioritise taking decisions on critical infrastructure projects which are with them now. Prime Minister Keir Starmer has appointed Louise Haigh as transport secretary...
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Boost for new National Wealth Fund to unlock private investment
The Chancellor Rachel Reeves and the Business Secretary, Jonathan Reynolds have today instructed officials to immediately begin work to align the UK Infrastructure Bank and the British Business Bank under a new National Wealth Fund that will invest in the new industries of the future. It comes as Reeves and Ed Miliband, Secretary of State for...
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Starmer’s “brick by brick” only to be overwhelmed by BRICS+
ONE of the first speeches by Keir Starmer, the 58th Prime Minister of the United Kingdom (UK), was the importance of closing ranks with all parties. For the lack of a better word, whether they are voters who voted for the Labour Party, to return them to power, with a massive majority, with an...
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Peter Obi’s Comment Won’t Sway UK Voters; ‘Stomach Infrastructure’ Not A Factor Here –Nigerian Community In UK | The Paradise News
Benjamin Kuti, the leader of the Nigerian community in the UK, also known as Oluomo of Daby, has cast doubt on the potential impact of Peter Obi’s recent statements on the forthcoming election in the United Kingdom. Mr Kuti said that the UK, unlike Nigeria, does not subscribe to the practice of “stomach infrastructure” politics,...
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UK PM Rishi Sunak receives bashing for wooing voters with ‘stomach infrastructure’ – Nigerian Sketch
UK PM Rishi Sunak receives bashing for wooing voters with ‘stomach infrastructure’ UK Prime Minister Rishi Sunak woke up early on Tuesday to deliver McDonalds breakfast orders to UK residents as part of last-minute efforts to woo voters in the national elections scheduled for Thursday, July 4. Nigerian politicians call this sort of vote wooing...
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Greens set out charter for small businesses to help high streets thrive
The Green Party has committed to helping the UK’s high streets thrive in a green economy by setting out a charter for small businesses. Under its proposals, the party is offering to create regional mutual banks to drive investment in decarbonisation, rejoin the EU customs union, and give VAT and rates exemptions to businesses. It...
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UK offers Sh82m to support Kenya’s infrastructure projects
UK Prime Minister Rishi Sunak has announced an Sh82 million donation to Kenya towards improving infrastructure in the country. In a press statement on Friday, Sunak said the funds are for planning, prioritisation and implementation of green infrastructure initiatives between the UK, Kenya and the wider G7. “Focusing on transport projects selected from the Africa...
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Infrastructure Debt in a Sweet Spot for 2024
Digitalization The COVID-19 pandemic accelerated the adoption of remote work, education and healthcare with the popularization of HD video conferencing. The continued roll out of 5G, AI and internet-of-things (IoT) will increase demand for digital infrastructure. For infrastructure debt investors, digital infrastructure including towers, fiber and data centers are all attractive investments, given the demand...
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3i Infrastructure team spins out to launch Alba Infra Partners
The team that ran the infrastructure projects business of 3i Infrastructure has spun out to launch Alba Infra Partners, a fund management group specializing in equity investments in infrastructure projects. Alba is led by three former 3i managing partners: CEO Stephane Grandguillaume, CIO John Cavill and Antoine Matton, who have worked together since 2009. Alba...