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

  • The environmental high road with VIALOW
    May 11, 2021
    VIALOW uses a bitumen additive to enable asphalt manufacture at up to 40°C lower than standard mixes with no compromise in performance, according to CEMEX.
  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
  • UK creates Major Road Network designation for A-class highways
    July 10, 2017
    The UK government plans to create of a Major Road Network class of highway which would tap into the multi-million euro annual National Road Fund. Main roads that are now overseen by local authorities would share the National Roads Fund that is financed by the VED – vehicle excise duty - which was previously envisaged to be ring-fenced for national routes. The VED was around €6.6 billion for 2016-17. Roads covered by the strategy are the A-class highways. The deal is part of an investment strategy unveiled b