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Leeds to invest £142m to regenerate neighbourhoods

Leeds council has signed what it describes as a ‘landmark deal’ to develop brownfield land and regenerate three neighbourhoods. The agreement has been made with the housing and regeneration specialists Keepmoat and Strata and will involve an investment of £142m in Seacroft, Halton Moor and Osmondthorpe, neighbourhoods in the east of the city. The council […]

Three train companies shortlisted to compete for West Midlands franchise

Names of train companies to compete for West Midlands franchise announced. The Department for Transport has announced the train companies that are in the running for the next West Midlands franchise competition. Three companies have been successfully shortlisted for the competition after submitting an expression of interest. The shortlisted bidders are: London and West Midlands […]

Cash for councils to fill almost 1 million potholes

Government reveals how £250 million Pothole Action Fund will improve local roads and deliver better journeys. Motorists and cyclists are set to benefit after the government announced how £50 million of funding will repair nearly 1 million potholes across the country over the next 12 months. Over 100 councils in England will receive funding to […]

Work underway on Longbridge accommodation for Royal Centre for Defence Medicine staff

The Defence Infrastructure Organisation and St Modwen have marked the start of construction on a new accommodation facility at Longbridge. The facility at Longbridge is for medical specialists who treat injured military personnel at Birmingham’s Queen Elizabeth Hospital. Planning consent for the new scheme was approved last year and construction is now underway, with the […]

Manchester powerhouse reveals housing plans

Manchester’s new regional authority has set out how it will build thousands of new homes. The new Greater Manchester Combined Authority (GMCA) has started the handover of powers currently held by the Homes and Communities Agency. It has launched a consultation on the Greater Manchester Spatial Framework that will identify the most appropriate places to […]

Welsh Government agrees partnership for £80m convention centre plans in Newport

The Welsh Government has agreed in principle to form a joint venture partnership with Wesley Clover, the parent company of The Celtic Manor Resort, so proposals can move forward to construct a large International Convention Centre at Celtic Manor in Newport, Economy Minister Edwina Hart has announced. The proposed £80m facility would be capable of […]

Business Secretary Sajid Javid to meet Tata Group chairman

Business Secretary Sajid Javid will fly to Mumbai for a meeting with Tata Group Chairman Cyrus Mistry tomorrow (Wednesday 6 April 2016) for an update on the sale process of Tata Steel’s UK operations. The government has been clear it envisages a responsible sale process, and is using all possible ministerial, official and diplomatic levers […]

KPMG: Global investors believe Brexit would result in less investment into UK property

A KPMG survey of 25 global real estate investors with assets under management of over $400bn has revealed that two thirds believe a Brexit would result in less inward investment into UK property and property companies.  While only a third of the investors surveyed have reduced or plan to reduce investment before the referendum on […]