Comment: A super deductor can be a super carbon reducer28/04/2021 The Treasury's Super Deduction Tax Savings offer means that for expenditure incurred between 1 April 2021 until the end of March 2023 companies can claim 130% capital allowances on qualifying plant and machinery investments. Gary Spencer, MD at Meon Ltd, discusses the benefits for highways companies. |
Inflated inflation? A465 service payments set to rise on RPIx04/12/2020 Annual Service Payments (ASPs) for the new A465 dualling contract are set to rise substantially in real-terms because the Welsh Government will apply the Retail Prices Index (RPI), which the Office for National Statistics urges officials not to use. |
Spending review gives £1.7bn to local roads25/11/2020 The Spending Review has allocated the Department for Transport (DfT) £1.7bn for local roads next year. |
'Boris the builder': PM plans 'new deal' for infrastructure30/06/2020 Boris Johnson, has pledged to 'build, build, build' under a 'new deal' that will accelerate roads and wider infrastructure spending and bring forward an initial £5bn for the first stage of COVID-19 recovery. |
Exclusive: Local highways facing financial 'cliff edge'29/05/2020 Local highway authorities are facing a funding 'cliff edge' with no sign of what to expect for 2021-2022 despite hopes the local sector was moving to the same five-year funding pattern as the national network. |
Highways England pays 98% of invoices in five days04/05/2020 Highways England is now making 98% of its supplier payments within five days as part of efforts to boost cash flow to the industry throughout the COVID-19 crisis. |
Industry to industry: 'Do not delay payments'09/04/2020 The Construction Leadership Council (CLC) has criticised a number of firms for delaying payments and called on the sector as a whole to help each other by boosting cash flow at this time of crisis. |
Northern Ireland loses road contractors in cash squeeze09/03/2020 Roads maintenance funding in Northern Ireland has been cut so hard that contractors may have moved away or changed their activities, the Department for Infrastructure (DfI) has admitted. |
Welsh cousin of PFI could fund further projects10/02/2020 The Welsh Government is not ruling out using its novel Mutual Investment Model (MIM) to fund further transport projects, beyond the Hirwaun-Dowlais A465 dualling. |
Exclusive: Councils charge commuted sums against themselves to boost revenue21/10/2019 Major highway authorities are charging commuted sums to their own schemes in a bid to provide a future revenue source to maintain capital projects, Highways can reveal. |
Current infrastructure model 'unsustainable'26/03/2019 The current model of infrastructure delivery is not sustainable and the industry as a whole must embrace change, according to the head of the Civil Engineering Contractors Association (CECA), speaking to Highways during what has become a torrid March for the sector. |
Highways needs reforms in law, finance and structure, MPs told06/12/2018 Influential MPs have been told the local highways network needs around five times more funding than it receives every year, while key legislation needs to be reformed and skills levels are at an all time low. |
Northamptonshire set to make 'significant' cuts in roads and transport02/08/2018 Northamptonshire's road network is set to take a dramatic loss in funding as the crisis-hit council scrambles to solve its budget issues. |
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