The United Kingdom has dropped two taxpayer funded $1.7 billion (£1.3 billion) worth of computing infrastructure projects (£500 million and £800 million, respectively), to prioritise other fiscal plans, CNBC reported, citing a government spokesperson. The first project worth £500 million was promised to the AI Research Resource by former Prime Minister Rishi Sunak’s government in...
Tag: infrastructure
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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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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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Leeds regeneration to deliver affordable homes and improved infrastructure – Room 151
Leeds City Council’s executive board is to approve plans for a 10-year regeneration project that will see the authority partner with national, regional and local government. Leeds city centre and five adjoining ‘city rim’ neighbourhoods will be regenerated, delivering 20,000 new homes. LATIF North | York | 19 March The Leeds Transformational Regeneration Partnership is...
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London’s Bold Move: UK-India infrastructure bridge set to redefine global investment landscape
In a diplomatic chess game where negotiations on the UK-India Free Trade Agreement have hit some stumbling blocks, London’s Lord Mayor, Michael Mainelli, in an interview with CNBC-TV18, talks about the game-changing initiative that could tilt the balance in favor of robust economic partnerships. The UK-India Infrastructure Bridge – a dynamic project with the potential...