Topic filter : Infrastructure

Most trending topics in Business & Finance ( last 24 hours ):
Discount Lidl Waitrose Passenger Overseas Investment Investment Commercial Property Public Finance Airport Flight Brexit Pension Investigation Watchdog Stock Market Lender Market Value Budget NHS Shopping Debt Savings Food Prices Fixing Fraud Financial Crisis Bonus Taxpayer Dispute Pound Lloyds Bank Santander Evidence Pensioner Retirement Retire Education Holiday Childcare Treasury HMRC

Socially Most Trending News

....Business leaders have been abandoning Trump since his bellicose press conference when he blamed Saturday’s violence in Charlottesville on “both sides” and claimed that among the white supremacists involved there were “very fine people”. On Thursday it emerged that the presidential advisory council on infrastructure will disband along with two panels that Trump hastily scrapped on Wednesday when faced with mass resignations. ... [Read full article on Guardian ]
Friday 18th of August 2017 03:04:46 AM
Total Trend count
66
Most trending on :
35 30 1
....6bn. At the same time, the document encourages companies to plough money into projects related to the “Belt and Road” project, President Xi Jinping’s signature foreign policy initiative that seeks to link China with other parts of Asia and eastern Europe through multibillion-dollar investments in ports, highways, railways, power plants and other infrastructure. ... [Read full article on Guardian ]
Friday 18th of August 2017 05:32:17 PM
Total Trend count
26
Most trending on :
23 3
....The government is facing renewed criticism after pushing through the “disastrous” sale of the Green Investment Bank (GIB) to the Australian bank Macquarie, as fresh concerns are raised over its commitment to environmental projects. A consortium led by Macquarie agreed to buy the GIB, which was established in 2012 by the coalition government to fund green infrastructure projects such as windfarms and a waste and bioenergy power plant. ... [Read full article on Guardian ]
Friday 18th of August 2017 01:05:09 PM
Total Trend count
15
Most trending on :
11 3 1
....A decade after the start of the crisis, advanced economies still have not decisively pivoted away from a growth model that is overly reliant on liquidity and leverage – first from private financial institutions, and then from central banks. They have yet to make sufficient investments in infrastructure, education and human capital more generally. ... [Read full article on Guardian ]
Thursday 17th of August 2017 11:15:17 AM
Total Trend count
9
Most trending on :
5 4
.... The arguments in support of this are appealing to those of us fed up and appalled by the high level of shareholder dividends and bloated executive pay often seen in train companies. But when it comes to subsidies, the government should be prioritising transport infrastructure in poorer areas. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 08:59:24 AM
Total Trend count
8
Most trending on :
8
.... Earlier this year, the UK also lobbied the EU to reduce energy-efficiency targets which will oblige member states to improve energy efficiency by 30% before 2030. Daniel Carey-Dawes, senior infrastructure campaigner at the CPRE, said: “Rural areas have lower average incomes than urban areas, but face much higher energy bills. ... [Read full article on Guardian ]
Saturday 19th of August 2017 11:05:26 PM
Total Trend count
8
Most trending on :
6 2
.... Admittedly – and you may think this a disqualifying factor – I have never been to Vancouver, or Melbourne, but I assume both to be full of couples in matching athleisure, mountain-biking home to a well-furnished townhouse to put the juicer through its paces …. The EIU is hamstrung by its own metrics: it uses five categories – stability, healthcare, culture and environment, education and infrastructure – to mark 140 cities out of a score of 100. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 03:49:59 PM
Total Trend count
4
Most trending on :
3 1
.... In France, state-owned operator SNCF had complained that its high-speed rail network had sucked up investment needed to maintain the conventional railway lines even before a fatal derailment in Brétigny-sur-Orge near Paris in 2013 underlined those fears. With billions of overspending on one project alone, electrification of the Great Western mainline, financial issues at rail’s infrastructure manager have become painfully public. ... [Read full article on Guardian ]
Saturday 19th of August 2017 02:59:16 PM
Total Trend count
2
Most trending on :
2

Latest Finance News related to Infrastructure

Countryside faces ‘fuel poverty’ crisis image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:26 PM
.... Earlier this year, the UK also lobbied the EU to reduce energy-efficiency targets which will oblige member states to improve energy efficiency by 30% before 2030. Daniel Carey-Dawes, senior infrastructure campaigner at the CPRE, said: “Rural areas have lower average incomes than urban areas, but face much higher energy bills. ...
Seven ways to cut the cost of Britain’s rail tickets image
Source : Guardian [Read Article] Saturday 19th of August 2017 02:59:16 PM
.... In France, state-owned operator SNCF had complained that its high-speed rail network had sucked up investment needed to maintain the conventional railway lines even before a fatal derailment in Brétigny-sur-Orge near Paris in 2013 underlined those fears. With billions of overspending on one project alone, electrification of the Great Western mainline, financial issues at rail’s infrastructure manager have become painfully public. ...
China moves to curb overseas acquisitions as firms' debt levels rise image
Source : Guardian [Read Article] Friday 18th of August 2017 05:32:17 PM
....6bn. At the same time, the document encourages companies to plough money into projects related to the “Belt and Road” project, President Xi Jinping’s signature foreign policy initiative that seeks to link China with other parts of Asia and eastern Europe through multibillion-dollar investments in ports, highways, railways, power plants and other infrastructure. ...
Government faces fresh criticism over Green Investment Bank sell-off image
Source : Guardian [Read Article] Friday 18th of August 2017 01:05:09 PM
....The government is facing renewed criticism after pushing through the “disastrous” sale of the Green Investment Bank (GIB) to the Australian bank Macquarie, as fresh concerns are raised over its commitment to environmental projects. A consortium led by Macquarie agreed to buy the GIB, which was established in 2012 by the coalition government to fund green infrastructure projects such as windfarms and a waste and bioenergy power plant. ...
'No good Nazis': James Murdoch criticises Trump over Charlottesville image
Source : Guardian [Read Article] Friday 18th of August 2017 03:04:46 AM
....Business leaders have been abandoning Trump since his bellicose press conference when he blamed Saturday’s violence in Charlottesville on “both sides” and claimed that among the white supremacists involved there were “very fine people”. On Thursday it emerged that the presidential advisory council on infrastructure will disband along with two panels that Trump hastily scrapped on Wednesday when faced with mass resignations. ...
Why haven't politicians learned from the financial crisis? | Mohamed El-Erian image
....A decade after the start of the crisis, advanced economies still have not decisively pivoted away from a growth model that is overly reliant on liquidity and leverage – first from private financial institutions, and then from central banks. They have yet to make sufficient investments in infrastructure, education and human capital more generally. ...
Why the ‘best cities to live in’ list rewards the safe and the clean image
Source : Guardian [Read Article] Wednesday 16th of August 2017 03:49:59 PM
.... Admittedly – and you may think this a disqualifying factor – I have never been to Vancouver, or Melbourne, but I assume both to be full of couples in matching athleisure, mountain-biking home to a well-furnished townhouse to put the juicer through its paces …. The EIU is hamstrung by its own metrics: it uses five categories – stability, healthcare, culture and environment, education and infrastructure – to mark 140 cities out of a score of 100. ...
Trains are too expensive. But transport’s real problem is subsidies for London | Wanda Wyporska image
.... The arguments in support of this are appealing to those of us fed up and appalled by the high level of shareholder dividends and bloated executive pay often seen in train companies. But when it comes to subsidies, the government should be prioritising transport infrastructure in poorer areas. ...
Adani $900m rail line loan should be ruled out after fraud allegations, opponents say image
....The company has also received a tax break from the Queensland government on potential royalties due from the mining activity, the details of which the government has kept secret, despite saying the deal is “open and transparent”. “The revelations make it untenable for the Naif to now risk almost a $1bn of taxpayers’ money on infrastructure associated with this company,” the executive director of the Australia Institute, Ben Oquist, said. ...
IMF warns China over 'dangerous' growth in debt image
Source : Guardian [Read Article] Tuesday 15th of August 2017 06:37:23 PM
....With many of the advanced economies of the west struggling in the years since the financial crisis of 2007-09, China has acted as the growth engine of the global economy, accounting for more than half the increase in world GDP in recent years. But the IMF expressed concern at the methods used to keep the economy expanding rapidly – an increase in government spending to fund infrastructure programmes and a willingness to allow state-controlled banks to lend more for speculative property developments. ...
UK will 'mirror' much of EU customs system for Brexit, plans reveal image
Source : Guardian [Read Article] Tuesday 15th of August 2017 11:31:05 AM
....Britain expects to “mirror” much of the existing EU customs system both during and after Brexit, according to government plans that could prevent Liam Fox from immediately implementing new trade deals. This first detailed look at Whitehall’s negotiating strategy also reveals new reporting requirements for businesses as a way to minimise delays at international borders and avoid the need to build extra physical infrastructure. ...
How Trump v Kim can wreck the world economy without a shot being fired | Larry Elliott image
....With the risk that factory closures and mass unemployment would breed political unrest, the Chinese government replaced the burst western credit bubble with a credit bubble of its own. They ordered banks to lend freely to property developers and backed this up with a massive public infrastructure programme. ...
Tourist areas need investment in jobs, not just better roads | Letters image
Source : Guardian [Read Article] Saturday 12th of August 2017 11:05:01 PM
....Government (and the Cornish will not forget the Brexiters’ claims that EU funding would be replaced by central government) must encourage high-value opportunities, such as those within the digital industries that are beginning to grow in Cornwall. And perhaps government should improve the social and health services, digital connectivity and rail and air infrastructure, rather than pumping more money into roads that primarily serve tourists. ...
Jacques Delors foresaw the perils of austerity. How we need his wisdom now | Mark Seddon image
....Permanent austerity is the reason why Britain and much of the Eurozone continue to record such sluggish economic performances. All of this is in contrast to the still growing Chinese economy for instance and one that is pump-priming the global economy with the world’s biggest – and state-backed – infrastructure plan: the new Silk Road “Belt and Road” initiative. ...
Mass tourism is at a tipping point – but we’re all part of the problem | Martin Kettle image
.... Some, such as those of Thailand and Bhutan, have been bold, even though most restrictions hit hardest at the less well-off and are most easily circumvented by the rich. The role of government action to ensure adequate and appropriate infrastructure in tourist areas is indisputable. ...
The rise of electric cars could leave us with a big battery waste problem image
Source : Guardian [Read Article] Thursday 10th of August 2017 08:15:27 AM
....This means that while electric vehicle batteries might be taken to recycling facilities, there’s no guarantee the lithium itself will be recovered if it doesn’t pay to do so. Investment bank Morgan Stanley in June said it forecast no recycling of lithium at all over the decade ahead, and that there risked being insufficient recycling infrastructure in place when the current wave of batteries die. ...
We let the 2007 financial crisis go to waste | Torsten Bell image
Source : Guardian [Read Article] Wednesday 9th of August 2017 05:00:01 AM
.... With interest rates remaining near zero, we should realise we can’t be as dependent on central banks to manage a future downturn. But where’s the preparation for shovel-ready infrastructure projects if and when that happens? Or, for that matter, the additional public and private investment we need more generally?. ...
Fast broadband service puts couple on a par with neighbours image
Source : Daily Express [Read Article] Monday 7th of August 2017 12:01:00 AM
.... . “We realise how infrastructure and distance from the exchange has an impact,” added Geoff, “but that doesn't fit with our situation. ...
Crane spotters predict leaner times for UK builders image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
.... The activity was explained by a sharp rise in social housing repair and maintenance contracts in the wake of the Grenfell Tower fire. The construction industry would be reliant on major infrastructure projects such as HS2 and the Thames Tideway tunnel, as well as private housebuilding over the next two years, the CPA said, which would help to offset a sharp fall in the commercial and industrial sectors. ...
Only a big-spending budget can save us from years of low interest rates image
Source : Guardian [Read Article] Saturday 5th of August 2017 04:00:16 PM
.... Increasing rates would kill the patient, not shake it out of a lazy torpor. It was politically expedient for George Osborne to use the Bank to support the economy while he slashed at welfare, public services and infrastructure spending. ...
Brexit uncertainty blamed as UK car sales fall for fourth month image
Source : Guardian [Read Article] Friday 4th of August 2017 10:06:43 AM
....”. The National Franchised Dealers Association said the government would need to invest more in electric vehicle infrastructure, such as car charging points, to meet growth in the alternative fuel market. ...
Why Trumponomics cannot make America great again image
Source : Guardian [Read Article] Friday 4th of August 2017 09:40:46 AM
.... Rather, firms are less inclined to invest because slow wage growth is depressing consumption, and thus overall economic growth. Beyond tax reform, Trump’s plan to stimulate short-term growth through $1tn in infrastructure spending is still not on the horizon. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....And yet, even during these boom years there were signs that the free-market economy might be brittle. In 2001, the rail infrastructure company Railtrack – which had been one of the Conservatives’ most high-profile privatisations seven years earlier – went into administration after the Hatfield train crash and a botched modernisation of the west coast mainline. ...
Do your fellow Brits a favour. Stop going on holiday | Simon Jenkins image
Source : Guardian [Read Article] Thursday 3rd of August 2017 06:00:08 AM
.... Stop is dead. There is no way any government can “predict and provide” the infrastructure needed for ever greater mobility. ...
Dow soars to record high as it crosses 22,000 mark for the first time image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 02:17:50 PM
.... It is still on track for another record close, the sixth in a row. US markets have been buoyed for much of this year by hopes that President Trump would unveil tax reforms and infrastructure plans to boost the country’s economy. ...
Populist trade policies won’t protect jobs anywhere in the world | Kenneth Rogoff image
.... But, given the massive number of new jobs that India and China need to create every year, and with the internet remaining highly permeable, it is folly to think advanced economies can clamp down tightly on service exports. So how should countries deal with the relentless advance of technology and trade? For the foreseeable future, improving infrastructure and education can achieve a great deal. ...
Amtrak's $630m Trump budget cut could derail service in 220 US cities image
....But a president who ran on a nostalgic promise to “make America great again” appears to have little interest in reviving once mighty railroads that stood as symbols of American capitalist ambition in the era of the robber barons. While he has touted a $1tn investment plan for America’s infrastructure – which so far shows few signs of materialising – the president’s proposed budget included $630m in cuts for Amtrak that would devastate long-distance services. ...
Can Jack Ma, Asia’s richest man, create 1m jobs in the US? image
Source : Guardian [Read Article] Sunday 30th of July 2017 06:30:12 AM
....Last year, Alibaba admitted that the US Securities and Exchange Commission was investigating the accounting practices of its logistics network and its huge Singles’ Day online shopping event – it’s like Black Friday but much, much bigger – a matter that has yet to be resolved. At the World Economic Forum in Davos in January, Ma chastised the US, saying that while America benefited from globalisation, it was squandering trillions of dollars on foreign wars and neglecting the country’s infrastructure and its own citizens. ...
Carmakers’ electric dreams depend on supplies of rare minerals image
Source : Guardian [Read Article] Saturday 29th of July 2017 03:00:00 PM
....Macquarie Research predicts that trouble in the DRC and rising demand for electric vehicles will lead to a four-year-long cobalt shortage. Writing in academic journal The Conversation, Ben McLellan, senior research fellow at Kyoto University, warned further: “Manufacturers such as electric vehicle makers should be concerned that the supply of one of the key mineral components, or the processing and refining infrastructure, could become too centralised in a single country. ...
London's hidden gas plant which could heat and power the future image
Source : Guardian [Read Article] Friday 28th of July 2017 04:10:08 PM
....“The last big challenge is heat,” said Armstrong. “You can electrify heat but that would require significant infrastructure investment. ...
Crossrail firm fined £1m over worker's death and other safety breaches image
....“We believe every person should be healthy and safe at work. Here, all three workers were taking part in one of the most important and challenging infrastructure projects of the decade. ...
Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz image
. Although America’s rightwing plutocrats may disagree about how to rank the country’s major problems – for example, inequality, slow growth, low productivity, opioid addiction, poor schools, and deteriorating infrastructure – the solution is always the same: lower taxes and deregulation, to “incentivise” investors and “free up” the economy. ...
Britain to ban sale of all diesel and petrol cars and vans from 2040 image
Source : Guardian [Read Article] Tuesday 25th of July 2017 09:38:22 PM
....”. Britain’s air quality package also includes £1bn in ultra-low emissions vehicles including investing nearly £100m in the UK’s charging infrastructure and funding the ”plug-in car” and “plug-in grant” schemes. ...
BMW pledges to build new e-Mini at UK car plant image
Source : Guardian [Read Article] Tuesday 25th of July 2017 01:14:23 PM
....”. McCluskey urged the government to invest faster in the developing electric car industry, particularly in charging infrastructure. ...
The UK ignores China's trillion-dollar Belt and Road plan at its peril | Colin Cram image
. The UK risks being marginalised after Brexit if it does not revitalise its infrastructure to engage with the huge markets developing in central Asia. ...
While Hammond looks for a magic money tree, Labour has found one | Larry Elliott image
....Hammond’s argument goes like this. There has been an easing of the government’s stance towards the deficit since he took over as chancellor, with the date for running a budget surplus put back by five years to fund some extra spending on public infrastructure and a slightly less draconian approach to welfare cuts. ...
Full speed ahead for train builders as minister pulls plug on electrification image
....Escaping much scrutiny, the transport secretary, Chris Grayling, also last week issued 2017’s version of a document that in 2012 heralded what the Conservatives vaunted as the “biggest investment in rail since Victorian times”: a draft of Network Rail’s £38bn five-year plan and the basis for a 2015 manifesto listing a string of transport goodies for the regions – not least the Northern Powerhouse. In that plan, electrification of 850 miles of railway was at the heart of £13bn for new infrastructure. ...
Is this the Brexit banking exodus Theresa May told us couldn’t happen? | Nesrine Malik image
.... The joke was that Geneva was boring, and not even keeping more of your pay would make you move there. This was the conventional wisdom in the City of London: apart from London’s strategic location and convenient regulatory infrastructure, there were intangible benefits that meant that only the most philistine would consider moving for financial gain – not to mention the massive headache and cost of moving. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... In 2005, they voted in favour. The next year, a figure was agreed for the government’s capital investment in the scheme – £114m – and in 2009 a preferred bidder was announced, the Regenter Myatts Field North Limited consortium – a joint venture between the global infrastructure giant John Laing Investments Ltd and Pinnacle Regeneration Group. ...
Grayling sparks fury by scrapping rail electrification plans image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:21:48 AM
.... Hitachi said the bi-mode trains would still be more environmentally friendly than the existing fleet, whether running on electric or diesel. In a signal that years of spending on upgrading the rail network could be coming to an end, the government has also declined to commit to any infrastructure enhancements in a document outlining a five-year plan for Network Rail. ...
Peak car? Driverless technology may actually accelerate car ownership image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
.... AVs may well re-entrench individual ownership and kill off “peak car” – the reversal since the 1990s of the historic growth in car use and ownership. Moreover, it looks increasingly likely that AVs’ sensing and data-processing technologies will be integrated into vehicles themselves rather than the wider road infrastructure. ...
HS2 contracts worth £6.6bn awarded by UK government image
Source : Guardian [Read Article] Monday 17th of July 2017 08:08:45 AM
.... Grayling dismissed the figure as “nonsense”. Asked about the decision to spend on infrastructure while there is a 1% cap on public sector pay, Grayling said: “That’s a very different issue because we are talking about capital investment over the next 15 years. ...
Rupert Murdoch ‘could use Sky data trove for political ends’ image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:03 PM
....David Carroll, a professor at Parsons School of Design at The New School in New York, who is involved in legal efforts to uncover how companies use individuals’ data for political purposes, said that the deal would see the UK take a big step towards “the American business model of total deregulation and total consolidation. This huge infrastructure has grown up where you can micro-target ads based on this hugely detailed knowledge about households, and it’s absolutely out of control when it’s applied to political messages. ...
Channel Tunnel rail link sold on to consortium for £3bn image
Source : Guardian [Read Article] Friday 14th of July 2017 05:38:02 PM
....The new owners include InfraRed, on behalf of investors including South Korea’s national pension fund, along with the London-listed HICL Infrastructure and Equitix, another investment fund. HS1 operates and maintains the track and infrastructure on the 67-mile high-speed rail line between London St Pancras International station and the Channel tunnel, including the four stations served by the route. ...
British companies must have voices heard on Brexit, says MP image
Source : Guardian [Read Article] Friday 14th of July 2017 05:26:11 PM
....“We want to look at the management of the economy, public spending decisions. We’ve got a budget coming up, with issues like household debt, tax policy, investment in infrastructure. ...
JP Morgan chief blasts US dysfunction: 'It's almost an embarrassment being American' image
....”. Dimon, who also heads the Business Roundtable lobbying group, which has been lobbying for tax reform and more infrastructure spending, set out policy areas he would like to see addressed. ...
Electric cars to account for all new vehicle sales in Europe by 2035 image
Source : Guardian [Read Article] Thursday 13th of July 2017 11:33:41 AM
....France’s commitment last week to banning new petrol and diesel car sales by 2040 suggests it also thinks the roll-out of electric vehicles will be slower than ING’s report expects. However, the bank said that it believed pure electric cars would “become the rational choice for motorists in Europe” sometime between 2017 and 2024, as their car showroom prices fall, their ranges increase and charging infrastructure becomes more widespread. ...
Southern rail: unions say £13.4m fine is ‘less than a slap on the wrist’ image
....”. Horton added that the franchise was the most congested on the UK rail network and had been operating while stations were being rebuilt and new infrastructure and trains introduced, and the impact of such extensive work was underestimated. ...
Carillion has 'no future without rights issue of at least £500m' image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:20:18 AM
....PPP is one of those financial inventions that was sold as being a win-win for both sides. The government might get some new infrastructure more quickly and without having to to pay the huge upfront costs of building it, while the private companies financing the deal gained a valuable long-term income stream - often over 20 years or so. ...
What's the strangest thing you've been asked to do on work experience? image
Source : Guardian [Read Article] Wednesday 12th of July 2017 03:50:20 PM
....A 15-year-old student was apparently allowed to run the Twitter account of Southern Rail this week, fielding questions and often taking part in quite surreal exchanges. Brands interacting with their customers – and responding to thousands of complaints – on Twitter is nothing new, but asking a young intern to take over seems to have been a PR win for Britain’s worst performing rail company, most often in the news for infrastructure problems and staff strikes. ...
Left hanging on as Virgin and Bellway pass the buck for new phone line image
....Six weeks after moving into a new-build house I am still without a phone line and broadband connection. Virgin Media tells me it has yet to be notified by the developer that the infrastructure is complete. ...
Why a population of, say, 15 million makes sense for Australia image
Source : Guardian [Read Article] Tuesday 11th of July 2017 04:54:13 AM
....The growth coalition has no real interest in the cumulative social or environmental downside effects of this growth, nor the actual welfare of the immigrants. It fully expects to capture the profit of this growth program, while the disadvantages – such as traffic congestion, rising house prices and government revenue diverted for infrastructure catch-up – are all socialised. ...
May relaunches premiership with new protections for gig economy workers image
....The CBI business group welcomed the seven principles of “decency and fairness”. But the CBI’s managing director for people and infrastructure, Neil Carberry, warned: “Once the full review becomes available, businesses would be concerned by any proposals that risk creating unintended consequences, for example encouraging the creation of short-hour shift jobs by redrawing the rules on employment status and minimum wage. ...
Is a car maker about to save the planet? | Zoe Williams image
Source : Guardian [Read Article] Monday 10th of July 2017 05:00:05 AM
.... Nope, nobody here is buying a brand-new Volvo in 2019. Yet this will instantly change the charging infrastructure for electric cars: there have already been pretty extraordinary advances in charge speed. ...
Facebook village? Social media giant to build 'social housing' image
Source : Guardian [Read Article] Sunday 9th of July 2017 06:56:57 PM
....The social networking company has submitted plans to the local council to create a new neighbourhood of homes, shops and a public plaza across the street from its global headquarters. Mark Zuckerberg’s company said it was being forced to build the “mixed-use village” called Willow Campus in Menlo Park, about 30 miles south of San Francisco, because the regional government’s “failure” to invest in infrastructure has led to sky-high rents and hours-long commutes to work. ...
The UK economy must take a long, hard look at itself | Larry Elliott image
....These deep-seated issues require structural change, which is why industrial policy is back in vogue. The government’s green paper on the subject was published in January and set out 10 areas for attention, including upgrading infrastructure, encouraging inward investment and skills, and cultivating world-leading sectors. ...
Trump's growth problem: jobs boost masks trouble ahead for US economy image
.... “But that doesn’t seem very likely,” he said. Another potential boost for business – Trump’s planned tax reform – is stalled in Congress, and his plans for massive infrastructure spending are also likely to face political headwinds, and in any case could be a mixed blessing. ...
After Andrew Tyrie: the race to become the Commons’ new inquisitor general image
.... A member of the committee in the last parliament, Hammond had previously worked in the City for 20 years. As a former transport minister, he would want to see the government’s proposed increased spending on infrastructure benefiting all parts of the country. ...
Electric car revolution: calculating the cost of green motoring image
Source : Guardian [Read Article] Saturday 8th of July 2017 08:00:03 AM
.... But it’s also a lot of poles along streets of terraced housing that do not have the luxury of off-street parking, even though there are other innovative fixes such as the charging sockets a German company is building into street lamps. As far as Nissan is concerned, there is plenty of space for all the new infrastructure. ...
France steps up effort to woo London banks planning Brexit move image
Source : Guardian [Read Article] Friday 7th of July 2017 02:05:15 PM
.... It’s understandable that European competitors will try to lure firms into moving jobs away from London. “However, we are confident that plans to lower corporation tax to 17% by 2020, a commitment to boost national infrastructure and developing trading relationships with new international partners in the coming years will ensure that London remains a world-leading financial hub. ...
Fuel savers image
Source : BBC [Read Article] Wednesday 5th of July 2017 11:12:32 PM
...."It is a very hot topic," says Prof David Shipworth at University College London, referring to the rise of AI technologies in the tech and energy sectors. "If companies can avoid doing upgrades [of physical infrastructure] and things like that, that can save hundreds of millions of pounds," he explains. ...
Volvo signals carmakers' growing confidence in an electric future image
Source : Guardian [Read Article] Wednesday 5th of July 2017 05:31:24 PM
....“I think things have changed, and you can change your mind as well. We were sceptic[al] about the cost level of batteries and the lack of infrastructure to charge all-electric cars,” Håkan Samuelsson told a press conference in Stockholm. ...
IMF warns G20 over protectionism in veiled criticism of Trump image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:38:20 PM
....Lagarde is known to be concerned that many of the imbalances in the global economy that gave rise to the 2008 financial crash have yet to be addressed, especially the disparity between those countries with huge savings and those with persistent debts. The report contrasts China, which it accuses of triggering a rapid expansion in output with borrowed money, with German policies that inhibit investment in infrastructure and encourage excessive saving. ...
Sheffield to Rotherham tram-train is five times over budget, says NAO image
....9m, but the DfT concluded that cancelling the project would cause “reputational damage” and agreed to provide cash funding as Network Rail was no longer able to borrow to cover budget overruns. In June 2016, Network Rail reported that up to £25m more would be needed as work was more complex than anticipated, and existing infrastructure more dilapidated than expected. ...
Courting new fans image
Source : BBC [Read Article] Sunday 2nd of July 2017 11:19:36 PM
.... But we take a long term view in terms of strategy. "Not just in terms of developing physical infrastructure here on the playing site, but also about building our brand with a younger audience, and also with new audiences in different parts of the world, be it China or Colombia. ...
Hard Brexit has been confounded by some harder realities image
Source : Guardian [Read Article] Sunday 2nd of July 2017 06:00:21 AM
.... Unwin is not only a former Treasury official and chairman of Customs and Excise, but was also president of the European Investment Bank. The EIB has been an unsung hero of the financing of much of the infrastructure investment in this country that our austerity-obsessed government has eschewed, and Unwin worries about what happens after the Brexit that we both still hope will not happen. ...
'Tourism is our lifejacket': debt-stricken Greece gets record number of visitors image
.... Almost alone among EU states, Greece still lacks further education courses in tourism despite the country’s dependency on the industry. “I want to see more young people consider a career in tourism,” he said, adding that Athens should imitate Turkey and allow private companies to invest in infrastructure. ...
Ireland says dozen City firms and banks to set up in Dublin over Brexit image
Source : Guardian [Read Article] Thursday 29th of June 2017 05:09:09 PM
....One year on from the seismic result of the referendum, Donoghue said the mass exodus from London that was once feared is unlikely to materialise. “This is a sensitive event for the financial services, they don’t really want to leave decades of infrastructure in London, for them to leave is a disruption to business and a cost,” he said. ...
Malawi and Unicef launch drone air corridor image
Source : BBC [Read Article] Thursday 29th of June 2017 04:27:48 PM
.... . Unicef's Malawi Representative Johannes Wedenig said that poor infrastructure in the country made UAVs relevant and cost-effective: . ...
House prices will NEVER crash and just keep rising, predicts ex-Bank of England economist  image
....”. Mr Miles added: “You can do something about it - that may well involve a massive increases in transport infrastructure. ...
US growth rate revised higher image
Source : BBC [Read Article] Thursday 29th of June 2017 02:15:41 PM
.... . The International Monetary Fund this week cut its forecast for US economic growth, in part citing uncertainty over the chances for tax reform and infrastructure spending, policies that many say could provide an economic boost. ...
Bank of England: Wales facing cost of living 'squeeze' image
Source : BBC [Read Article] Thursday 29th of June 2017 08:53:51 AM
.... . "Transport infrastructure is a big question - the difficulty of getting around between areas is something of an obstacle to businesses and people in the world of work. ...
Trains, planes and automobiles: the transport systems embracing smart tech image
....“Every part of transport is embracing something under the digital umbrella, but they are all embracing different parts of it,” says Grant Klein, transport partner at PwC. “There is a glut of technologies which we think will have an impact on how transport services are provided in the coming decades, as well as on how new transport infrastructure is created and maintained. ...
UK taxpayers face multi-billion burden for dismantling of North Sea rigs image
....Gunther Newcombe, the group’s operation director, said: “This report provides us with a starting-point cost estimate of £59. 7bn to decommission UK oil and gas infrastructure. ...
Stagecoach says it has overpaid for East Coast rail contract as profitability plunges image
....The difficulties facing Virgin East Coast, 90% owned by Stagecoach and 10% by Virgin, prompted renewed calls for nationalisation of the railways. The transport group said it expected to renegotiate its £412m-a-year contract with the Department for Transport in the light of state-owned Network Rail’s failure to deliver infrastructure upgrades and an expected delay in the arrival of new trains. ...

Page rendered in 2.4652 seconds.