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Buyer deposits repaid as Manchester’s tallest tower axed

Buyer deposits repaid as Manchester’s tallest tower axed

The developer behind the high-rise St. Johns development in Manchester has scrapped plans to build a 54-storey tower on the former site of Granada Studios. Developer Manchester Quays, formed from a joint venture of Allied London and Manchester City Council, said the...
Billionaire Warren Buffett targets UK construction insurance

Billionaire Warren Buffett targets UK construction insurance

A company backed by billionaire Warren Buffett is planning to boost construction insurance capacity in the UK. Berkshire Hathaway Specialty Insurance (BHSI) has announced it is expanding into the construction and property markets in the UK and Ireland. Contractors are...
Skilled trades pay rates hit £1000-a-week in Midlands

Skilled trades pay rates hit £1000-a-week in Midlands

Self-employed construction workers in the West Midlands have seen their average weekly pay rates break through the £1,000-a-week barrier. December data from workplace audit and CIS specialist Hudson Contract saw average weekly pay rates in the West Midlands of £1,023...
Wylfa: Hitachi scraps work at nuclear site

Go-ahead for £60m Nottingham HMRC hub

Peveril Securities and its joint venture partner Sladen Estates has got the planning green light for a landmark city centre development in Nottingham. The planned 277,000 sq ft Unity Square building will become HMRC’s latest regional hub and will be the most...