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

  • Slovak government stands firm over R2 Expressway, including Soroska Tunnel
    August 11, 2017
    Jan Durisin, head of Slovakia’s motorway operator NDS, has said that the R2 expressway, will go ahead despite watchdog fears of poor value for money. Completion of the R2, that includes the Soroska Tunnel, remains 2024, he told Slovakian news agencies. NDS, he said, will start looking for a contractor to start work in 2018 on a stretch of the expressway near the town of Roznava. R2 is a 360km route that will run from Kosice in the east across the country to Trenčín, near the Czech border in the west. It wil
  • Liebherr’s record results for 2023
    April 4, 2024
    Liebherr claims record results for 2023.
  • IRF Releases Guidelines on Safety in Road Work Zones
    June 15, 2018
    Work zones present an increased risk for workers who build, repair, and maintain roads, bridges, and tunnels, as well as for a variety of road users, including pedestrians, bicyclists, and motorcyclists, who are confronted with less than ideal safety conditions in these work zones. Global statistics on work zone-related injuries are not available, however the US Federal Highway Administration (FHWA) reported 25,485 of work zone crashes involving at least one injured party in 2015, of which 642 resulted in
  • Strong interest in upcoming bC India show
    April 11, 2014
    The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning