Low investor confidence in the UK and the need to direct domestic money to development projects mean the UK Infrastructure Bank wants to work “much harder” to bring sources of public finance together...
Councils are shelving long-term capital projects to focus on shorter term budgetary pressures brought on by rising prices without additional funding, an expert has said.
Six “ambitious” bids for money from the Levelling Up Fund make up a package that would regenerate areas in six of Leeds’ parliamentary constituencies, the city council has said.
Rising materials prices and numerous supply chain challenges mean public sector bodies may have to pick up the slack – or risk delays to infrastructure projects.
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once. And public sector projects are not immune...
The government launched its post-Brexit investment bank more than a year faster than similar lending facilities, meaning it was unable to state how it will meet objectives, according to the National...
The UK’s £22bn infrastructure bank has said it expects clean energy will make up the largest sector in its investment portfolio as it unveiled its first ever strategic plan.
The fledgling UK Infrastructure Bank aims to add advisory services to its role of investing in green ‘levelling up’ projects, according to its chief executive and deputy local government director.
More than a quarter of the most deprived authorities in England had bids rejected for funding from the government’s Levelling Up Fund, according to reports.
In October, Tees Valley Combined Authority became the first authority to agree a loan with the recently-launched UK Infrastructure Bank. PF speaks to Gary MacDonald, group director of finance and...
Incorporating sustainability in business cases is becoming established as a way of demonstrating value for money from infrastructure projects, says Julia Prescot.
Experts are sceptical that £2.6bn announced in the 2021 Autumn Budget and Spending Review to replace European Union support will be enough to meet previous sums.
“Glaring holes” in the NHS capital budget pose a risk to patient safety and mean long waiting lists will be tough to reduce, the government has been warned.
The High Court has granted permission for a legal challenge against three government departments over the Levelling Up Fund, with the claimant saying it lacks fairness and accountability.
