Just Group invests £20m in M6 Toll Road
Just Group plc, the FTSE 250 retirement specialist, has completed a £20 million investment for the M6 Toll Road, supporting the UK’s productive finance agenda. The refinancing is a 22-year loan to the Midland Motorways Group. It directs long-term, institutional capital into the M6 Toll Road project and supports a nationally significant transportation asset that […]
£66 million transport boost for Scotland confirmed
As Highways News reported on Friday, the UK Government has announced that it is boosting investment across Scotland through two investment zones and multiple industrial sites from the North East of Scotland Investment Zone to the Prestwick Aerospace Cluster. The investment will help workers access jobs in high growth sectors supercharged by the government’s modern […]
ADEPT welcomes government’s £1 billion investment in vital road structures
Angela Jones, President of ADEPT, has welcomed the recent announcement of £1 billion in government funding to repair and renew Britain’s ageing road structures. “This investment is desperately needed and represents a significant step forward in addressing the infrastructure crisis facing local authorities across the country,” she said. “ADEPT has been warning for years about […]
£37.7 million smoother journeys plan confirmed in Westmorland and Furness
Thousands of highways and transport improvements will bring smoother journeys to Westmorland and Furness as a part of a £37.7 million programme. Confirmed for 2025/26, the Council’s multi-million pound investment will deliver significant upgrades to transport infrastructure and tackle the challenges of ‘pothole season,’ brought on in Spring by increased traffic and the impact of […]
Next phase of £147m investment to TfGM tram network to get under way
The next phase of a major £147m programme to maintain, upgrade and improve Greater Manchester’s tram network gets under way next week. Essential track replacement work between Piccadilly station and Piccadilly Gardens takes place between Tuesday, 3 June and Sunday, 10 August. Normal tram services resume on Monday 11 August. No tram services will run […]
£7.3m plan for Bracknell’s roads and transport approved
Bracknell’s highways and transport systems wil receive £7.3m of investment after plans were approved by council leaders. Bracknell Forest Council’s cabinet voted on the council’s Highways and Transport Capital Programme last month. More than 70 per cent of the funding has come from external sources, including various grants from the Department for Transport and developer’s […]
Council to invest £35m in Haringey’s road network
Haringey Council’s cabinet has agreed a “transformative” five-year plan that see more than £35m of investment to improve the borough’s 217-mile road network. Approved by the Labour administration this week, the programme will upgrade highways, improve accessibility, and enhance street lighting. Senior councillors say the capital programme for Haringey’s highways will “make streets safer, more […]
£125m plan agreed to improve West Yorkshire’s roads
Approximately 450 miles of road – 8% of the road network in West Yorkshire – will be repaired and protected, alongside wider highways works, under a new plan to invest £125m over the next two years. The new plan and its associated funding was approved by regional leaders at a full West Yorkshire Combined Authority […]
Transport Secretary announces near-£5 billion National Highways investment
Local highway authorities will receive £500 million to fix potholes and £4.8 billion investment for National Highways to keep the strategic road network working. Secretary of State for Transport Heidi Alexander MP announced two key measures to boost funding for transport as part of the government’s commitment to renew national infrastructure, improve England’s road network […]
Re-flow secures investment from Kester Capital
Re-flow has announced a strategic investment from Kester Capital. Following previous investment rounds and year on year rapid growth, this investment marks a major milestone, as Re-flow transitions towards international expansion. Kester’s deep sector expertise and proven track record in driving growth and value creation makes them the ideal partner. Re-flow, provider of field management (FM) […]