Day: June 25, 2014

Rail link between Leeds and Manchester proposed

The Chancellor of the Exchequer, George Osborne has proposed creation of a high speed rail line between Manchester and Leeds to create a “Northern powerhouse”. He said: “The cities of the north are individually strong, but collectively not strong enough. The whole is less than the sum of its parts. “So the powerhouse of London dominates…

Ground investigation for £110m Preston link roads

Lancashire County Council has started its ground investigation in preparation for the Preston and Western Distributor, which will link North West Preston and the M55, along with the associated East-West Link Road and Cottam Link Road. A drilling rig has started testing the underground structure of the land, a process that will last around five…

HS3 plans positive but should connect all northern cities, says BCC

Commenting on the speech made by the Chancellor of the Exchequer this morning regarding a new HS3 rail link between Manchester and Leeds, Adam Marshall, Executive Director of Policy at the British Chambers of Commerce (BCC), said: “Businesses have seen many proposals for better links between Northern cities over the years. The prospect of a…

Global capital project & infrastructure to reach $9trn by 2025

New analysis of global capital project and infrastructure (CP&I) spending by PwC shows it is expected to grow to more than $9trn annually by 2025, up from $4trn in 2012. The new report Capital project and infrastructure spending: Outlook to 2025 – analyses capital project & infrastructure spending across 49 of the world’s largest economies….

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