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Rachel Reeves scrapping infrastructure projects is ‘extremely short-sighted’

Rachel Reeves scrapping infrastructure projects is ‘extremely short-sighted’

Infrastructure assets offer a stable five to six percent return over their long lifetime, (Image: Getty) Rachel Reeves is expected to announce cuts and delays to major infrastructure projects as part of the Labour Government’s efforts to plug a £20billion black hole in Britain’s finances. Ministers have suggested their economic inheritance is worse than expected,...

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Incredible new £31m bunker under major UK city could unlock key energy source

Incredible new £31m bunker under major UK city could unlock key energy source

An incredible £31m underground hub that hopes to unlock geothermal energy has opened beneath a major UK city.  The multi-million pound geological research facility at Thornton Science Park, Chester, will enable scientists to monitor what lies beneath the city’s surface. Its aim is to develop low-carbon energy technology by utilising geothermal sources. It features an...