Skip to main content

UK Government to invest billions in road, rail and energy works

The UK Government is about to underwrite investments in road, rail and energy projects worth €38.94 billion (£33 billion), the Treasury has announced. A total of 40 projects have now pre-qualified for state funding through the UK Guarantees scheme - more than 50% of which are energy projects. The Government guarantees will represent part of the project's capital value. The British Government believes that investing in infrastructure will generate jobs, drive growth and help ensure that the UK remains
October 25, 2013 Read time: 1 min
The UK Government is about to underwrite investments in road, rail and energy projects worth €38.94 billion (£33 billion), the Treasury has announced.

A total of 40 projects have now pre-qualified for state funding through the UK Guarantees scheme - more than 50% of which are energy projects. The Government guarantees will represent part of the project's capital value.

The British Government believes that investing in infrastructure will generate jobs, drive growth and help ensure that the UK remains globally competitive.

Related Content

  • UK government’s Highways Agency makeover to boost infrastructure
    July 17, 2013
    The government plans to turn the Highways Agency into a Network Rail-style public company as part of its efforts to boost national transport infrastructure. While the government has revealed plans for a long-term investment totalling €32.37 billion (£28 billion) in road-building, few projects are ‘shovel-ready’, with much of the investment backloaded until 2020. Funding levels will increase to more than €3.46 billion (£3 billion) a year by the end of the decade for major A-roads and motorways. The legislati
  • Germany’s crumbling roads costing billions
    April 21, 2025
    Germany’s crumbling roads are costing billions to repair.
  • UK: 50 Years of motorways
    July 6, 2012
    On 5 December, 2008 Britain’s motorway network celebrated its 50th anniversary, and to mark the occasion the Road Users’ Alliance (RUA) published ‘50 Years of Motorways,’ which claims that from a slow and modest start (over 30 years behind its European neighbours) the UK network has never managed to catch up. According to the publication, in the 1960s and early 1970s motorways were viewed as a route to renewal and prosperity. The network made some headway and grew to 2,500km; it crawled a further 1,000km ov
  • Safer roads for UK?
    February 29, 2012
    A major campaign is commencing in the UK with the laudable aim of reducing road fatality rates.