Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

In the papers today - 3rd August

Massive funding cuts at the Department for Environment, Food and Rural Affairs (DEFRA) is threatening waste management, canal repair and flood defence projects. About £200M has been cut from DEFRA's budget due to costs overrunning on existing projects. The Environment Agency is set to experience the biggest cuts at £24M. Construction of new flood defences is expected to go ahead, but maintenance of them will be cut back. - The Independent
Eurotunnel, struggeling to find a solution to its £6.2bn debt, was granted at least six months protection from its creditors by a French court yesterday. The company applied to the Paris commercial court after failing to agree a financial restructuring with an important group of creditors. Under the so called safe procedures the company will be under court protection from its creditors for six months with an option to renew for another year. the court will aso appoint administrators to work on the restructuring with the company. - The Guardian

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.