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Civil engineering in the papers today - Monday 22nd September 2008

Eurostar trains will be running from St Pancras at 'nearly 100% capacity' by the end of the week, Eurotunnel confirmed. . . . .

Spokesman John Keefe said: "The number of people boarding trains and the number of trains running will be almost back to 100% on Eurostar" - The Guardian

At a meeting in Paris today, EdF is expected to formally approve an increase in its £12bn for British Energy. Given the debacle over the French company's previous offer, which collapsed in July at the eleventh hour after unexpected shareholder opposition, it's a fair bet that EdF will have smoothed over likely oppostion - The Daily Telegraph

Labour hit out at Boris Johnson, London’s mayor, on Sunday after he floated the idea of a new airport in the Thames estuary – suggesting it could be a device to detract from the Conservative party’s divisions over the expansion of Heathrow. David Cameron, the Tory leader, has started to sound more lukewarm over Heathrow’s proposed extra runway, but pro-business voices within his party want the project to go ahead – The Financial Times

Last week’s turmoil in the financial markets compounded a miserable few months for Australia’s leading infrastructure managers. On Thursday, shares in Macquarie Group, the country’s leading investment bank, fell 23 per cent to a four-year low of A$26.05, while Babcock & Brown sank to a record low of A$0.76 – The Financial Times

The target to build three million new homes by 2020 is not high enough to meet the growth in the number of elderly people and young families, a report says. A paper from the Town and Country Planning Association (TCPA) obtained by The Times claims the latest analysis of 2006 population statistics shows that at least a further 500,000 homes are needed in England within 12 years – The Times



Lawyers for British Energy and EDF of France were completing the final paperwork on a £12.4bn merger last night amid hopes that the formal deal can be fully signed off and announced to the London stockmarket as early as tomorrow. The move will hasten the government's nuclear revolution as EDF wants to use some of British Energy's sites to build a new generation of atomic power stations - The Guardian

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