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...More than 2mn homes have been bought through the scheme but it has been blamed for a loss of social housing stock as sales outstripped the construction of new units....
...A survey last month of 400 senior managers in the UK manufacturing industry covering sectors from construction and machinery to automotives and food found that three-quarters backed the introduction of a...
...Petrochemicals billionaire Sir Jim Ratcliffe has blamed Europe’s “suffocating bureaucracy” and environmental red tape for pushing companies to invest outside the bloc, admitting that he would not have agreed...
...Last month, Blackstone began construction on a new 226,000 square foot building that will serve as its European headquarters....
...A consortium led by the US nuclear company Westinghouse and construction group Bechtel has proposed building a new plant there using Westinghouse’s AP1000 reactor technology....
...Infrastructure construction costs in September 2023 were 25 per cent higher than in January 2020....
...Hinkley was previously delayed due to construction disruption during the Covid pandemic....
...The call for a contribution from the UK is likely to cause tensions between Paris and London, a day after state-owned EDF admitted its construction of a new nuclear power station at Hinkley Point in Somerset...
...Costs of the project are set to be recouped from households’ energy bills during construction....
...Under the contract drawn up a decade ago, any construction cost overruns at Hinkley fall on EDF rather than the British taxpayer....
...Before construction can start, the government needs to raise an estimated £20bn from outside investors through a mix of debt and equity, with the cost clawed back through a surcharge on energy bills while...
...She said the review would consider why the UK has one of the highest rail construction costs in the world....
...The reluctance of the British government to intervene comes as the price tag for the power plant under construction in south-west England is likely to exceed the revised £32.7bn estimate EDF put on it earlier...
...Prime Minister Rishi Sunak faced similar criticisms from business groups and political opponents this month after cancelling the construction of the northern leg of the HS2 high-speed rail link....
...Services are now expected to start in 2029 at the earliest from a new station under construction at Old Oak Common in west London....
Developers argue EU-era regulation on ‘nutrient neutrality’ has prevented construction of tens of thousands of homes
...said the “opaque” system, which involved a series of shell companies, two Lycamobile salespeople and resellers in the immigrant neighbourhood of La Chapelle in northern Paris, operated for the benefit of construction...
...Construction on the first leg began in 2020 but more than half of its allocated budget — £40bn to £45bn in 2019 prices — has already been spent even though it is just three years into construction and not...
...Construction of the line between London and Birmingham is under way....
...Jim Cornell is President of NuCore Energy, a nuclear-fuel advisory and investment group....
...The Gilligan pamphlet said that £3bn a year could be saved by 2027-28 by cancelling “all sections of HS2 where main construction has not started” — equivalent to £44bn in total, albeit spread over 20 years...
...“It’s a headline, but it's a little bit cheeky and a little bit foolish because it depends upon the development scale, it depends upon construction costs, it depends upon . . . lots of things that the government...
...The project was announced in 2019, but was delayed for several years due to wrangles over construction permits and the site’s water supply....
...Although soaring construction costs have contributed to the budget increases, an internal report last year pointed to wider problems....
...An internal report last year found HS2 was struggling to control costs on the London-to-Birmingham initial phase on which construction started in 2020....
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