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NCE Live News Updates 31 May 2013: Crossrail TBM reaches Canary Wharf

Contractor Bam Nuttall is heading for mediation with Luton Borough Council to resolve a dispute over costs; Crossrail reaches a significant milestone with the arrival of one of its tunnel boring machines at the Canary Wharf station box.

3.30pm: BREAKING- Contractor Bam Nuttall is entering a mediation with Luton Borough council following a dispute over costs on the £90M Luton Dunstable busway project.

Read the full story here.

High Speed 2’s business case would be strengthened by a link to High Speed 1, according to a report by transport lobbyist Greengauge 21.

The report, entitled Travel market demand and the HS1-HS2 link claims that a link would ease pressure caused by people travelling through London between the catchments for HS1 and HS2.

“We have identified a substantial demand for domestic high-speed rail services over the proposed link connecting HS1 and HS2,” said Greengauge 21 director Jim Steer. “The market from the North and Midlands addressed by HS2 to places in the HS1 catchment - East London, Essex and Kent - is important and nearly half the size of the market to and from central London.”

 

12pm: The government is planning to announce £15bn of extra infrastructure funding, according to the Financial Times.

The Treasury is preparing capital expenditure plans for 2015-20 ahead of next month’s spending review, but Whitehall sources said it was also assessing a range of infrastructure projects on their potential economic benefits.

 

11am: £165M is to be invested in schemed to tackle road congestion, transport secretary Patrick McLoughlin today announced.

The investment has provided funding for 62 schemes across England including upgrades to roads and bridges, construction of new access routes and measures to address congestion.

“The schemes we have announced today are designed to target key bottlenecks around the country, making life easier for the thousands of motorists and businesses who use the local road network every day,” said McLoughlin.

“Investing in these schemed shows that the government is serious about accelerating growth where it is needed most.”

The investment is the second tranche of funding from the £190M Local Pinch Point Fund announced late last year.

 

10.30am: Crossrail tunnel boring machine “Elizabeth” has reached the Canary Wharf station box.

The breakthrough is a major milestone for the project, marking the completion of a third of all works.

More on this in our picture gallery. A video of the breakthrough moment is available here.

 

10am: Two new members have been appointed to the board of utilities provider Scottish Water, the Scottish Government has announced.

Former secretary for union Unison Matt Smith and former finance director at British Gas Group Douglas Reid will serve on the board until 31 March 2017.

Contractor Costain chief executive Andrew Wyllie was reappointed to the Scottish Water board along with Alan Bryce, Lynne Peacock, Jim Spowart.

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