Airbus is set to expand its Safety Promotion Centres (SPC) to China, the USA, Germany, and the United Kingdom, added Nicolas Bardou, the product safety communications and aircraft accident crisis response advisor, during a discussion with ANI. The Safety Promotion Centre is a specialized facility focused on enhancing safety within the aviation industry. The SPC...
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Category: Infra
King’s Speech unveils drive for housing and infrastructure | Construction News
The new government has revealed plans in the King’s Speech for a “mission-led” drive to create economic growth and jobs – creating clear opportunities for the construction industry. The ceremonial speech from King Charles, delivered this morning, set out the legislation aimed at meeting Number 10’s pledge to “build more housing and infrastructure”. In just...
Infrastructure and planning to top King’s Speech | Construction News
Employment rights, planning laws and UK infrastructure are set for major overhaul, starting with new legislation to be announced in the King’s Speech. The new government will continue its frenetic pace of change with the traditional announcement of new laws for the parliamentary session, many of which are expected to have a huge impact on...
McFadden: Planning reform could be controversial, but we must ‘get things built’
A top Labour figure acknowledged its planning reforms “may be controversial” but said that “we have to get things built”, ahead of the King’s Speech which is expected to include a commitment to address what the party sees as a major block to building houses and vital national infrastructure. The Bill is likely to involve...
Key points in King’s Speech at a glance
Reuters King Charles has outlined the new Labour government’s law-making plans in a speech to Parliament. The speech outlined 39 bills that minsters want to pass in the next parliamentary session, after their party’s return to power. Some of these, or a version of them, were originally tabled by the previous government but were not...
Raac crisis: The UK’s largest Reits and infrastructure trusts check their buildings
Many companies declined to comment Warnings that the issue could be widespread Retail Reit NewRiver (NRR) only company to confirm it had found Raac in its portfolio The UK’s largest real estate investment trusts (Reits) and infrastructure trusts are checking their multi-billion-pound portfolios for reinforced autoclaved aerated concrete (Raac) as concerns about the material mount. More...
HICL vs IPP: Which infrastructure trust should you buy?
IPP and HICL Infrastructure have been hit by higher rates Their allocations are changing as public partnerships become less attractive International Public Partnerships continues to grow its dividend A popular asset class until last year, infrastructure has fallen out of favour quite spectacularly as interest rates rise and investors worry about the impact on net asset...
India, UK both committed for FTA: Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Wednesday said both India and the UK are committed to the proposed free trade agreement (FTA) between the two countries. He said that the initial comments made by the new UK government are “very” encouraging. “The Labour Party is deeply committed as is the Modi government (for the...
Expert view:Focus on defence, railway, infra and fertiliser stocks ahead of Union Budget 2024, says Atul Parekh of Bigul | Stock Market News
Expert view: According to Bigul CEO Atul Parakh, the market will be especially watching for announcements about tax slabs and potential changes that could impact the equity markets, like changes to the Securities Transaction Tax (STT), changes to the F&O tax regime, or adjustments to the long-term or short-term capital gains taxes. It will be...
Is a national wealth fund the answer to UK’s infrastructure problem?
The new UK government has launched a £7.3bn (€8.63bn) National Wealth Fund with which to “unlock private investment” in UK infrastructure, but industry sources have raised concerns that simultaneous plans to reform key advisory bodies could slow down progress when urgently needed. This week, chancellor Rachel Reeves announced that the existing UK Infrastructure Bank (UKIB) and the British...
Top UK players who qualified for Paris Olympics 2024, all you need to know
UK has planned its journey thoroughly and have done their due homework ahead of the Paris Olympics 2024. Team Great Britain will be fielding some of their best sportsmen this time around to ensure they are at the top rungs in the overall medal count. Paris Olympics 2024 will be a huge challenge for Team...
Chancellor Rachel Reeves to bring back housebuilding targets
8 July 2024 By Faisal Islam & Daniel Thomas, BBC News Does the chancellor consider herself a yimby? Rachel Reeves has promised to “get Britain building again” by bringing back compulsory housebuilding targets as part of a wide-ranging plan to reboot the UK economy. In her first speech as chancellor, Ms Reeves also said she would overhaul...