The majority of local authorities plan to ditch or review major highway projects, as well as road maintenance work, next year due to rising costs, according to a new survey from the County Councils Network (CCN).
Tag Archives: Budget
Editor’s Comment | How real is the recession risk?
By the time this issue of NCE lands on your doormat – or on your app if you’ve switched to digital – we will know the outcome of new prime minister Liz Truss’ emergency budget. However, print deadlines mean that I am writing this without a clear view of whether…
£3.4bn RIS2 funding cut raises questions about Stonehenge Tunnel’s future
A £3.4bn funding cut to National Highways road investment strategy (RIS2) has raised questions about the future of major projects including the planned £1.7bn Stonehenge Tunnel scheme.
In full: The 105 projects to be financed by £1.7bn ‘Levelling Up Fund’
While the exact sums to be provided to each project have not been revealed, there are a number of noteworthy inclusions. In the North East, the headline project is the reopening of the Whorlton Bridge over the River Tees – the UK’s oldest road suspension bridge. Some of the North…
8 Budget pledges billed to deliver ‘infrastructure revolution’
Chancellor Rishi Sunak told the House of Commons that today’s Budget will deliver the promise of an “infrastructure revolution”.
Super-deduction could be a super bonus for the construction industry
Planned purchases of construction equipment may have come to a screeching halt at around 1.15pm on Wednesday this week. This wasn’t due to a sudden collapse in the market, but a need to pause signing orders until 1 April when the new “super-deduction” policy announced in Wednesday’s Budget comes into…
Budget lacks detail on roads, rail, airports and sustainability
As expected, Covid impact and recovery took centre stage in chancellor Rishi Sunak’s second Budget statement yesterday but there was plenty of reason for the civil engineering industry to be positive about in the announcements, particularly with confirmation of the UK Infrastructure Bank.
NIC to study maximising infrastructure investment in towns
High level ambitions to use infrastructure to support levelling up and regeneration were set out in last year’s National Infrastructure Strategy but plans on how this is to be progressed were revealed following yesterday’s Budget.
HS2 | £50M pledged to link Birmingham Interchange Station with other transport schemes
The government has pledged £50M to develop proposals for transport improvements around the High Speed 2 (HS2) Birmingham Interchange Station.
Budget tackles skills gap with firms incentivised to take on more apprentices
Tackling the UK’s skills gap was put front and centre of the 2021 Budget announced today (3 March).