PRS: Strong growth at build-to-rent specialist July 18, 2024 PRS's 5,396 completed homes across the fourth quarter had an estimated rental value (ERV) of £65.1m, as of 30 June.
King’s Speech: Starmer will not U-turn on HS2 cancellation July 17, 2024 Labour will seek to improve east to west connectivity across the north of England by other means than bringing back HS2's northern leg.
Why can’t Britain build any infrastructure? Delays, delays, delays… May 18, 2023 Major UK infrastructure projects are taking far longer than they used to despite changes to planning laws, according to a new report authored by consulting group Ankura. Delays to so-called ‘development consent order’ decisions have increased eight-fold since 2016 – despite those orders being in place to turn Britain into an infrastructure powerhouse. DCOs are [...]
Government plans to delay HS2 will cost the UK more in the long term, London business group warns March 9, 2023 Delaying the construction of HS2 to save money will cost the UK more in the long term, a London business group has warned after reports the government is set to announce further delays to the already over budget and overdue project. “Delaying construction of HS2 to save money is a false economy. Failing to invest [...]
UK nuclear power crashes to 40-year low in 2023 January 3, 2024 Hinkley Point C could meet the energy needs for six million homes
Why UK consumers had to foot a £7bn (and-growing) gas bill for National Grid March 28, 2024 In 2023 alone, balancing the grid cost billpayers £2.85bn, equivalent to every electricity consumer in Britain paying an extra £80 per year.
Google faces £14bn UK class action after Tribunal greenlights claim June 5, 2024 A London Tribunal has given the green light to a £14bn class action against Google, which alleges the tech giant abused its dominance in the digital advertising market.
Stormy weather hits SSE’s output and delays construction of world’s largest wind farm February 8, 2024 Dogger Bank A could face delays until 2025 though SSE is confident the returns on the project won't be affected.
PRS REIT attempts to negotiate with rogue shareholders September 2, 2024 Embattled PRS REIT has promised to negotiate with the group threatening to take control of its business. Last week, the investment trust faced calls from a group of investors, including Waverton Investment Management and CCLA Investment Management, to replace chair Stephen Smith and non-executive director Steffan Francis and adjust the trust’s strategy. The group controls [...]
‘UK simply hasn’t gone far enough’ to tackle cost issues for offshore wind – as Brits face extra £530m bill by 2030 May 3, 2023 The UK will fall short of the government's offshore wind targets this decade, with developers facing serious cost challenges for projects.