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Communities Secretary Eric Pickles has announced to increase the Government’s infrastructure investment in enterprise zones by £100 million that will create thousands of local jobs in the trades.
The investment package will help the thirteen enterprise zones to receive more money for 18 projects to build new service roads, car parking and other infrastructure, transforming ‘shovel ready sites into job ready sites’.
The fund, originally £60 million, is designed to help zones reach their real growth potential faster as economic engine rooms of local economies. Following a competitive bidding process the successful proposals will now undergo further testing to ensure value for money for the taxpayer.
Enterprise zones have already created 3,000 new jobs, attracted 126 businesses, generated 105,000 square metres of new commercial floorspace and secured almost £229 million of extra private sector investment.
In addition to this, 5 enterprise zones are also receiving £24 million to tackle traffic bottlenecks and road congestion near their site through Department for Transport funding.
Eric Pickles said: “Enterprise zones are stimulating job creation and economic growth in different parts of the country with their special package of incentives to attractive new business ventures.
“The government is putting its money where its mouth is and making sure enterprise zones have the buildings and infrastructure they need to make sites ready for business to set up in.
“Enterprise zones are proving extremely popular with business – they have already created over 3,000 jobs for local people – a 75% increase in just 5 months – and many more will be coming down the pipeline because of this new support.”
Andy Rose, Chief Executive at the Homes and Communities Agency, which is administering the fund, said: “The response from the enterprise zones to this investment opportunity demonstrates just how crucial upfront infrastructure is to development.
“It is great news that this additional investment means more priority sites can be funded than first thought, creating more jobs in the areas that need them.”
Today’s announcement is just one of range of steps the government has taken to rebalance the economy and support local businesses to grow and create jobs.
The government has reformed the way councils are funded so they have new incentives to go for growth and support local businesses. It has established 39 local enterprise partnerships that along with enterprise zones are able to access millions in government investment to support their local economy, including the £770 million Growing Places Fund and £2.4 billion Regional Growth Fund.
The Government is going to build thousands of homes at stalled housing sites and create new construction jobs through a multi-million investment package set to kick-start the economy and boost the trades.
Today, Housing Minister Mark Prisk confirmed that 14 major housing schemes across the UK will benefit from the investment that can start building up to 38,000 new homes.
A share of the Local Infrastructure Fund, which has a total budget of £474 million, will create thousands of jobs for local communities and people in the trades across the country.
The funding programme is targeted at large-scale sites of over 1,500 homes that could deliver real benefit to their communities.
Housing Minister Mark Prisk said: “This government is determined to get Britain building again. That’s why we are working with local housing schemes that have their plans in place, but need help to move forward.
“Our support through the Local Infrastructure Fund will help deliver the homes this country needs, create thousands of jobs and inject millions of pounds of investment into local economies.”
Homes and Communities Agency Chief Executive, Andy Rose, said: “This investment from the Local Infrastructure Fund is about building momentum behind some of those larger locally-backed housing developments to accelerate the supply of new homes.
“There is work to be done to ensure these bids deliver value for money for the taxpayer and fit with local priorities, but I am looking forward to getting out on site and seeing progress on successful bids in the months ahead.”
What is your reaction to the Government’s plans to kick-start thousands of homes at stalled housing sites and create new construction jobs in the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Householders across Great Britain will be able to get even more cash for renewable heating kit, the Department of Energy and Climate Change (DECC) has announced today.
The money off vouchers available under the Renewable Heat Premium Payment (RHPP) scheme have been increased to £2,300 for ground source heat pumps, £2,000 for biomass boilers, £1,300 for air source heat pumps and £600 for solar thermal systems.
The RHPP scheme, first launched in July 2011, is designed to encourage householders to switch to renewable heat from traditional heating systems by offering money off the cost of the equipment. The scheme is targeted at those living off the gas grid, where most money on bills and carbon can be saved.
Energy and Climate Change Minister Greg Barker said: “Over 10,000 householders have already taken advantage of money off renewable heating kit and we want to see even more consumers stepping up to the plate and getting on board.
“But I want to go even further. I want to kick start this exciting new market for consumer renewable heat technologies.
“This time limited, big increase in the value of vouchers for hardworking people who want to do something positive to install money saving green heating in their homes, should be a real boost for this growing green sector.”
The scheme was extended in March this year until the end of March 2014 ahead of the launch of a Renewable Heat Incentive for householders, with around £12 million up for grabs.
Alongside changes to the voucher values, householders will now be required to undertake a Green Deal assessment before submitting a claim to the Energy Saving Trust to redeem their voucher.
This will help householders think about how renewable heat could fit with energy efficiency improvements for their home and ensure they are advised on choosing the right technology for them.
The additional voucher values are intended to reflect the cost of a Green Deal assessment, as well as the cost of getting these technologies installed in homes. Householders can also use the Green Deal to pay for some of the cost through savings on their energy bill.
The increased voucher values and Green Deal assessment requirement will kick in for any applications submitted today onwards.
Building work is set to start today on the Swansea University’s second campus that will create 4,000 construction jobs with a further 6,000 indirect posts supported in the wider economy.
The First Minister made the announcement whilst on site to mark the start of construction of the new campus which took place on Europe Day.
First Minister, Carwyn Jones, said: “I welcome the opportunity to be here on this significant day not only to mark the start of construction but also, crucially, to acknowledge the benefits to Wales of our relationship with Europe, including EU funding.
“This EU investment will help drive forward the development of the new Science and innovation Campus, creating a cornerstone for world-leading research and employment opportunities in the construction industry as work gets underway.”
The EMC will include state-of-the-art facilities to enable Swansea University to carry out research and development, particularly through collaborative projects with industry. It will support a range of collaborations with businesses in sectors such as advanced engineering, the digital economy and low carbon technologies.
Finance Minister, Jane Hutt, said: “I am delighted we have been able to invest EU funds to pioneer innovation and deliver state-of-the-art education facilities, benefiting Swansea and beyond.
“We have a key commitment through our Programme for Government to enhance research and innovation to help increase Wales’ global competitiveness, and create jobs and growth. The European Structural Funds programmes in Wales are helping us to achieve this goal, having already generated a total project investment of around £400 million in R&D and innovation alone.”
EMC will accommodate the University’s Civil and Computational Engineering, Electronic Engineering, Materials and Mechanical Engineering as well as Printing and Coating activities.
The Vice-Chancellor of Swansea University, Professor Richard B. Davies, said: “We are delighted to have been awarded funding from the European Regional Development Fund through the Welsh Government for the Engineering Manufacturing Centre.
“The EMC will provide world-class research facilities and a resource for industry to access world-leading expertise to help improve manufacturing products and processes and develop new ones, thus contributing to the economic regeneration of the region.”
The Green Deal will give homes and businesses a new way of paying for energy efficient improvements, such as insulation and new heating systems.
The scheme is expected to support 60,000 jobs in the insulation sector by 2015, providing a real boost for the expanding market of energy efficiency products and the construction industry.
Mr Crabb said: “Thousands of homes across Britain are wasting energy and money because of poor energy efficiency, yet demand for measures to counter this remains low. The Green Deal gives people the opportunity to make this right.
“And today, we will see that it’s not just consumers that will benefit. The Green Deal is also great for business, creating a new market and new jobs.”
The Greendeal programme provides funding of up to £15,000 for each home which can be used to install one or more officially approved Greendeal measures.
Green Deal in numbers
- £125 million is available in the Government funded Cashback Scheme
- 8 million households could benefit from solid wall insulation
- 4 million households could benefit from cavity insulation
- 60,000 jobs are expected to be supported in the insulation sector alone by 2015 – up from 26,000 in 2011
- £3.5 million of funding to training in key Green Deal skills
- £270 a year could be saved if a typical three bedroom semi-detached house installed just solid wall insulation
- 38% of the UK’s total greenhouse gas emissions come from leaky buildings
The first phase of HS2 alone, from London to the West Midlands, is expected to support about 40,000 jobs, figures which do not include broader employment growth supported by the new line and the use of released capacity on existing routes.
HS2 Ltd Chief Executive Alison Munro said: “HS2 will be an engine for growth that supports the creation of thousands of jobs for Londoners, provides extra space on the existing lines for more commuter services, and improved connectivity with our great northern cities.”
The new plans for Euston, developed partly in response to concerns from the community about the potential disruption caused by the redevelopment would lead to less disruption for passengers as the station could continue to operate mostly as normal rather than having to move services from old platforms to new ones while platforms are being progressively demolished and rebuilt.
Ms Munro commented: “Community concerns have been raised about the potential disruption caused by the redevelopment of Euston Station.
“Following more work done by our engineers to find the best way to deliver best value for taxpayers, we have identified an option that we believe delivers great opportunities for the area while minimising the potential effects on local communities in Camden and on passengers.”
The new proposals would see the station revitalised for passengers and with potential for new homes, offices and shops above. Completing construction by 2026 will unlock the line-wide benefits for local residents and businesses.
The revised proposal features:
- Potential opportunities for over-station development – with the possibility of being used for future homes, open space and businesses.
- The capacity needed for high speed and conventional trains
- New platforms and facilities for the high-speed trains
- New, improved facilities for all passengers in a redeveloped, integrated station with a new, combined concourse and façade
- Better connections with the Underground, including a new Underground ticket hall
- A sub-surface pedestrian link between Euston and Euston Square Tube
- East-west pedestrian routes across the station, helping to link communities on either side of the station.
Plans for the building of a new Energy Park in Bulwell that will create hundreds of construction jobs have been submitted to Nottingham City Council.
Chinook proposes to develop the 17 acre site on Blenheim Lane for a major new manufacturing plant for its recycling equipment and to create new jobs in the trades.
If planning permission is granted, work on the site could begin early next year, creating 250 jobs during the construction phase and later at the completed site, including manufacturing jobs.
Deputy Leader of Nottingham City Council, Councillor Graham Chapman, said: “We very much welcome Chinook’s proposals for the Energy Park and in particular their commitment to create new manufacturing jobs for local people.
“If approved, this investment would boost the city’s credentials as the most self-sustaining city for energy production in the UK. Given the problems of energy cost and supply in the next few years, it is essential this city creates as much of its own supply as possible and this is an important step in that direction.
“Expansion of the city’s high tech and green sciences sectors are a key part of our Growth Plan so that new long term employment can be created in sustainable emerging industries. But the cherry on the cake is British manufacturing jobs. At a time when the UK manufacturing base has been declining, we in Nottingham want to do all we can to revive it.”
Chinook Sciences Technical Director, Harry Perry confirmed: “This is a milestone in our plans to develop a local manufacturing base and to significantly upgrade our R&D facilities.
“Powering the site with electricity from our own technology will further demonstrate Chinook Sciences’ renewable energy capabilities, and bring clean-tech employment and investment to the Bulwell area.
“In addition, part of our plan is to launch a training program for the local workforce to enable them occupy these new jobs with confidence and competence.”
Housing Minister Mark Prisk announced today that up to 10,000 new homes could be built by 2015 that will create new jobs and boost the trades.
The minister announced the first 45 projects to be taken forward using the £1 billion Build to Rent Fund which will provide equity finance to house builders and developers.
Mr Prisk said that the innovative new projects, a quarter of which are for London, will be the first step toward creating a more balanced rental market, driven by quality instead of demand.
The Build to Rent Fund is designed to help developers invest in homes built specifically for private rent by reducing the up-front risk in a relatively untested market.
A first round of projects will now receive a share of £700 million government investment package, with a second round of bids for the remaining fund expected to open later this year.
Projects going forward in this round have the potential to deliver between 8,000 and 10,000 homes, and include:
- Genesis Housing Association, with plans for new rental homes around London
- Place First, along with Together Housing Group, who will be building across Northern England
- Crest Nicholson, who intend to bring a significant number of homes to market over many sites across the country
Mr Prisk said that the varied mix of developers, from brand new organisations and small housing providers to long-established developers, will bring new blood into a market currently dominated by small-scale buy-to-let landlords, and will help to give tenants more choice when choosing a home in the future.
Housing Minister Mark Prisk said: “This government is determined to get Britain building, and the Build to Rent Fund is set to help us deliver, with up to 10,000 new homes to be built from these projects.
“We’ve seen overwhelming demand for the fund, and it’s become clear that there’s a real appetite for rental investment. We want to support that, which is why we’ve made a £1 billion Budget boost to the fund.
“Now, these new projects will help us map this almost uncharted market, bringing in new blood to improve rental quality and choice, and building the new homes that this country wants and needs.”
What is your reaction to the new £1bn build-to-rent fund that will deliver 10,000 new homes and boost the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Costain has been awarded a £300 million contract to design, fit-out and commission the railway systems in Crossrail’s tunnel network that will create new jobs and boost the trades.
Under the contract, the engineering solutions provider will design and install track, overhead lines and mechanical and electrical equipment to fit out the 21km of twin tunnels currently being bored under the streets of London.
Design work will commence immediately, with the fit-out works starting in 2014, and will be carried out within the entire tunnelled and surface sections of the Crossrail route between Royal Oak, Pudding Mill Lane and Plumstead Portals.
Costain has also announced that in Joint Venture with Alstom it has been awarded the £15 million contract for the design, construction and commissioning of the system that will provide traction power for the trains in the central tunnelled section of the Crossrail scheme.
Work will involve the construction of several auto–transformer stations and a feeder station site at Pudding Mill Lane to provide a 25 kV supply to the overhead line equipment that will power the new Crossrail trains. Costain is also constructing for National Grid the new cable tunnels to provide power to the other Crossrail feeder station at Kensal Green.
Crossrail will open in 2018. The Crossrail route will pass through 37 stations and will increase London’s rail-based transport network capacity by 10 per cent. An estimated 200 million people will travel on Crossrail each year.
Andrew Wyllie, Chief Executive of Costain, said: “The Crossrail scheme is providing a much-needed solution to upgrading a key part of the nation’s travel infrastructure.
“We are delighted to have been awarded these contracts, which follow on from other Crossrail projects we are involved in, including the construction of the Bond Street and Paddington stations and works at Eleanor Street and Mile End Park.
“We believe these further wins demonstrate the successful implementation of our ‘Choosing Costain’ strategy in which we focus group-wide resources on meeting the developing requirements of major blue chip customers.”
The government has given the go-ahead for the building of Liverpool’s £425 million Royal University Hospital that will create 750 full-time construction jobs.
The multi-million development is set to employ local people, materials and services where possible to generate an additional £240 million for the local economy and boost the trades.
The Department for Health and the Treasury have approved the funding and the hospital is now assessing bids from two construction companies, Carillion and Horizon, that will design and build the hospital by 2017.
After the bidder is appointed, the hospital will obtain final planning permission and sign contracts, with building construction work expected to begin early next year.
Aidan Kehoe, chief executive, said: “I am delighted that we are now just weeks away from unveiling the design for our new hospital.
“The new Royal is at the very heart of our city and this is a significant step forward in the creation of our world-class hospital.
“It also brings us one step closer to the creation of the Liverpool BioCampus, which has the potential to transform the city, propelling us onto the world stage along with Boston and Singapore.”
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