The government has been warned today that it is ‘missing a major trick’ by devolving economic powers to cities only rather than offering them to wider local government.
The government is set to complete the deal to transfer the West Coast rail line from Virgin Trains to First Group tomorrow, despite calls for MPs to examine the contract first.
Virgin Trains has lost the West Coast rail franchise between London and Glasgow after rival First Group promised to pay the government £5.5bn to run trains on the line.
Transport Secretary Justine Greening today outlined plans for £4.2bn of new investment in Britain’s railways, including the extension of electrification across the network.
Fixing potholes and improving local roads should be the top priority of local authorities, according to a survey that also highlighted the need to improve adult social care services.
Working families with children have been dealt a ‘triple financial blow’ in the recession through cuts to tax credits and rising costs of childcare and transport, according to the Joseph Rowntree...
More than £150m could be saved annually if the firm that owns Britain’s railways was brought into full public ownership, according to a report published today.
Some benefits paid to pensioners should be means-tested to meet the costs of reforms to adult social care, the Institute for Fiscal Studies said today.
Business leaders have criticised the government’s lack of action on infrastructure construction since Chancellor George Osborne outlined increased spending in last year’s Autumn Statement.
The aim of the infrastructure code isn’t just to help councils finish their Whole of Government Accounts. It should also to help them manage their assets better
The economic benefit of building the UK’s only existing high-speed rail line will not be big enough to meet the cost of the project, it has been revealed today.
The government will work with cities to devolve decision-making powers and encourage the private sector in areas where the public sector dominates the economy, Chancellor George Osborne said today.
Further changes to how civil servants approach major projects will be needed to ensure they are completed on budget, an infrastructure expert has told Public Finance.
MPs today called on the government to do more to show that transport spending is being fairly spread across England, amid concerns that funds are being concentrated in London.
Finance directors’ fears are mounting over how their councils will be able to run services effectively and balance their books in the medium term, a CIPFA survey reveals.
Fewer than half of the government’s 206 major infrastructure schemes are on track to be delivered on time and on budget, according to the Major Projects Authority, which oversees the work.
Investment in infrastructure is the chancellor’s way of providing a necessary stimulus to the flatlining economy. But how does he intend to find the funds without dipping into the public purse or...
Transport Secretary Justine Greening today confirmed that the government will go ahead with a £32.7bn high-speed rail line linking London to Birmingham, Leeds and Manchester.
A senior local authority figure has warned ministers that plans for pension funds to invest in national infrastructure developments will not be approved ‘just to dig the government out of a hole’.
