All Funding the Future articles
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News
Building publishes key report into new infrastructure funding
Private finance is essential if government is to deliver key major projects, report unveiled at Building the Future conference in London concludes
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Comment
Labour must rethink private finance for infrastructure projects
Seven years after PFI was scrapped, the Labour government is being forced to reconsider private finance for infrastructure as it grapples with empty public coffers and ambitious construction targets.
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News
Building calls for expanded public private partnerships programme
A forthcoming report from Building’s Funding the Future campaign will urge the government to significantly expand its proposed public private partnership programmes beyond healthcare facilities and decarbonisation projects.
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News
Infrastructure investors urge government to bring back controversial PPPs
Group claims new models would be more transparent and better value for money
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Comment
The main event: why local stakeholders are the most important people on major projects
It is not political backing but winning the support of the people ‘on the ground’ who are most affected by a project that is key to its eventual success, writes Beth West
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News
Nuclear industry needs ‘radical reset’ to drive down costs, government taskforce warns
Report blames ‘outdated’ planning and regulatory barries for preventing more schemes from getting off the ground
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Features
Pipe dreams: Why the infrastructure pipeline must improve if construction is to benefit
The launch of the infrastructure pipeline last month was hailed as a gamechanger for UK construction and investment in private finance for public infrastructure. But Joey Gardiner discovers there are serious fears that it won’t live up to the hype
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News
Final investment decision signed on Sizewell C with cost almost doubling to £38bn
Previous official figures estimated Suffolk nuclear plant would cost £20bn
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Comment
No one wants to be a fat, dumb client. This is how we avoid it
It is time to create a national capital projects delivery unit to ensure we really learn lessons and avoid wasting time and money over and over again, writes Beth West
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News
Government publishes £530bn Infrastructure Pipeline
Treasury chief secretary Darren Jones says pipeline of 780 private and public sector projects will give industry the confidence to invest
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Features
How the Treasury’s new social infrastructure PPP model will work
The infrastructure strategy has proposed allowing a form of PFI to be used in limited circumstances including healthcare centres for the first time since 2018 – but not yet revealed what the structure will be. Joey Gardiner considers the options
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News
Infrastructure investment planning held back by lack of credible pipeline, says PAC
Parliamentary committee makes recommendations at end of inquiry into use of private finance
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News
Government wants firms to register interest in plans to build some health schemes using PPP
Companies have until end of this week to express interest in preliminary market testing exercise
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Features
Significant, welcome, sensibly cautious but most definitely promising … the experts’ verdict on the infrastructure strategy
We asked members of Building’s Funding the Future advisory panel to reflect on the government’s 10-year infrastructure strategy unveiled this month and share their views on its significance and potential as a means for unlocking the finance to get Britain building
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News
Government signs deal to remove mobile signal blackspots along busy rail routes
Agreement with Network Rail and telecoms firms signals move towards public private funding models for infrastructure upgrades
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Comment
The infrastructure strategy opens the door to private finance
Last week’s infrastructure strategy put off a final decision about using private finance for social infrastructure until the autumn. But, Joey Gardiner writes, it has still set out an important principle that such schemes are not entirely off-limits
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News
HS2 contracts rushed into while client needed to make more use of ‘negotiating levers’ such as retendering jobs, official review finds
Report by James Stewart adds much of inflation on jobs should be risk ‘retained by government’
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News
Treasury adopts ‘bespoke’ approach for funding and governing so-called 'mega-projects' like HS2 and Sizewell C
Office for Value for Money says such schemes, which cost more than £10bn and run for longer than a decade, are currently ‘not set up for success’
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News
Industry welcomes government’s 10-year infrastructure strategy
Plan sets out how £725bn will be spent on infrastructure over next decade
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News
Construction industry ‘not in a fit state’ to deliver HS2, says official review author
James Stewart tells Building government needs to ‘proactively’ build capacity in the sector to avoid repeat of HS2 failures