Mixed shareholder reaction after huge £5.3bn FTSE 250 infrastructure merger Transport and infrastructure Shareholders of two of the UK’s biggest infrastructure funds have had mixed reactions after the firms reached an agreement to merge in a blockbuster £5.3bn deal. FTSE 250-listed HICL Infrastructure and The Renewables Infrastructure Group (TRIG) said they had signed heads of terms on the business combination, in a move that will see voluntary winding [...]
L&G: FTSE 100 giant reveals £2bn plan to create 24,000 jobs Property FTSE 100 giant Legal & General (L&G) has revealed plans to invest £2bn in regeneration projects across the UK in a move which it said will create around 24,000 jobs. The group said it would invest into ‘productive assets’ such as infrastructure, affordable housing and urban regeneration between now and 2030. L&G added that it [...]
UK infrastructure funding set to break record highs Transport and infrastructure UK infrastructure financing deals are on track to reach a record high this year as investors compete to secure assets while the government signs off on a number of major new projects. According to analysis from data provider Infralogic, roughly $38bn (£28.13bn) of debt was issued in the first eight months of this year on [...]
Rachel Reeves to slash environmental protections to boost builders August 18, 2025 Rachel Reeves is looking to take the axe to environmental protections blocking infrastructure projects in a bid to boost Labour’s building pledges. The Chancellor is considering reforms to prevent nature concerns from inhibiting new developments as she desperately looks to supercharge her growth agenda. Labour’s Planning and Infrastructure bill is in the committee stage at [...]
Balfour Beatty receives profit boost from government contracts August 13, 2025 Infrastructure group Balfour Beatty recorded a jump in profit for the first half of the year after a bumper performance in its UK construction. The London-listed firm posted a £20m rise in pre-tax profit for the first six months of the year to £132m, up from £112m last year. It came as the business’ UK [...]
Infrastructure strategy: Hospitals and schools focus of funding push June 19, 2025 The government will plough £10bn a year into restoring Britain’s crumbling schools, hospitals and prisons as part of a long-awaited infrastructure strategy outlining the state’s investment priorities over the next decade. Over £6bn a year will be devoted to hospital maintenance over the next decade, in a move that the Treasury said will cut waiting [...]
Thames Tideway: Just how super is London’s new super sewer? May 14, 2025 “A national scandal,” Sadiq Khan said of the amount of sewage pumped into the River Thames last year. But it took more than the Mayor of London to spur national revulsion at the state of England’s longest river. Fast forward a few months and the spotlight had fallen on the 2024 Oxford-Cambridge boat race in [...]
Could bats put East West Rail off track? March 18, 2025 East West Rail could provide a direct connection between Oxford and Cambridge for the first time, but opposition to the project is growing.
Government offered lifeline on declining infrastructure investment February 26, 2025 A new industry group is offering ideas to the government on how to fix miserable infrastructure investment and increase the number of planners. The Purposeful Finance Commission (PFC) has laid out a plan to privately source and administer a £22.5m fund that would aid the Government’s target of hiring 300 additional planners. Rachel Reeves referenced [...]
Fine words from Reeves – now let’s get Britain building January 29, 2025 Rachel Reeves is right to make reforming our sclerotic planning system the centrepiece of her economic strategy. But if she’s going to succeed she must consign the bat tunnels and fish discos that too often block development to the dustbin of history, says Sam Richards In 2014 winter sports fans were getting ready for the [...]