Skip to content
Saturday 8 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 25 July 2023 7:55 pm  |  Updated:  Tuesday 25 July 2023 9:32 pm

Business groups cheer plans to speed up planning process for big infrastructure projects

By: Jessica Frank-Keyes

Political Reporter

Add as a preferred source on Google
European fintech lenders
WinYield said that less than ten per cent of the lenders it interviewed had staff with previous relevant credit experience.

Top business groups have welcomed government plans to speed up the planning process for key infrastructure projects as a “major signal” on green growth.

Ministers want to overhaul the system and create a new fast-track route for major schemes, such as offshore wind farms, transport connections, waste facilities and nuclear power stations.

Prime minister Rishi Sunak said: “Significant infrastructure projects don’t just ensure people can get to work easily, do their recycling, and power their homes. 

“They also create jobs, grow our economy, and help us become fit for the future.”

And the idea – now subject to a consultation until mid-September – has been broadly welcomed by business bodies.

James Watkins, London Chamber of Commerce and Industry (LCCI) policy lead, said: “We need to speed up planning processes to get the infrastructure we need, from secure energy grids to 5G. 

“Britain cannot afford to be in the slow lane. For too long, major decisions on key projects including transport have taken years, whilst our international competitors rush ahead.”

Read more

Ofgem data centre crackdown risks ‘driving AI investors away’ from UK

Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.

While Jane Gratton, from the British Chambers of Commerce, said firms were put off the planning system by “long delays, complexity and uncertainty” leading to higher costs and lack of investment.

She told Morning Wire: “We need a faster, streamlined system to deliver vital infrastructure the economy needs, enable local communities and businesses to prosper, and support the transition to net zero.”

And John Foster, interim policy director at the Confederation of British Industry (CBI) added: “With planning delays cited by a number of firms as a significant barrier to green investment, streamlining processes would represent a major signal of intent about the UK’s status as a leader in green growth.”

But he warned ministers should go further, stressing “bolder thinking” and as “fundamental reset” was needed for the UK to be a world leader in the built environment.

Housing secretary Michael Gove said reforms would be “vital” to deliver major infrastructure projects 

It comes after he set out measures on Monday including on leasehold reform, simplifying planning procedures, expanding planning capacity, and regenerating and reviving inner cities.

Read more

Top investors managing $3tn to gain access to UK infrastructure projects via AI platform

INPP have invested in four new infrastructure firms in the first half of this year

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Green energy
  • infrastructure
  • London business
  • Michael Gove
  • planning
  • UK Government

Trending Articles

  • WPP slashes jobs as revenue continues to fall

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Starling plans to ‘come out swinging’ in diversification bid

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

More from Morning Wire

  • Ofgem data centre crackdown risks ‘driving AI investors away’ from UK

    Tech
    Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.
  • Top investors managing $3tn to gain access to UK infrastructure projects via AI platform

    Investing
    INPP have invested in four new infrastructure firms in the first half of this year
  • Grid delays force Starmer-backed AI data centre to seek alternative power

    Tech
    Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.
  • FTSE 100 property giants urge Burnham to unleash London office construction

    Property
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • Ofgem targets speculative AI data centres to free up Britain’s energy grid

    Tech
    2024 was a transformational year for GlobalData.
  • Luton Airport expansion set for take-off after environmental challenge dismissed

    Transport & Infrastructure
    Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations
  • Labour defends Burnham’s ‘very powerful’ No 10 North plans

    Politics
    Houses of Parliament in Westminster showcasing historic architecture under a clear sky, central to UK government and politics
  • Nscale taps lenders for $900m to fuel AI data centre splurge

    Tech
    AI data center with rows of servers and cooling systems, showcasing advanced technology and infrastructure innovation
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook