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Mayor backs 46-storey student tower at Canary Wharf

Mayor backs 46-storey student tower at Canary Wharf

London’s mayor has given Canary Wharf Group the planning green light for a 46-storey student accommodation tower at its Wood Wharf estate. The scheme at 7 Brannan Street will deliver 912 bedrooms and is the latest move to diversify the growing residential...
Skanska lifts margin to 4.3% as profit hits £78m

Skanska lifts margin to 4.3% as profit hits £78m

Skanska UK bounced back to full profitability last year bouyed by strong margins at infrastructure and FM businesses. This improvement more than offset lower returns from its building arm to almost triple pre-tax profit to £78m despite revenue slipping back to £1.27bn...
Durkan dogged by legacy jobs despite return to trading profit

Durkan dogged by legacy jobs despite return to trading profit

South East housing contractor Durkan has clawed its way back to a trading profit but still ended the year deep in the red as legacy fire safety costs continue to bite. The contractor posted an operating profit of £133,000 before exceptionals in the year to 30 November...
Durkan dogged by legacy jobs despite return to trading profit

Inland Homes creditors face £38m hit

Unsecured creditors hit by the collapse of Inland Homes will not get anything for the £38m of unpaid invoices they were left holding when the house builder went under.. The grim news for subcontractors and suppliers was confirmed in an update filed at Companies House...
Durkan dogged by legacy jobs despite return to trading profit

Crown Golf tees up £1bn plan to build 3,000 homes on course land

Crown Golf has teamed up with London fund manager Fairway Capital to redevelop land around its golf courses into more than 3,000 homes worth over £1bn. The joint venture will transform parts of eight golf courses across Greater London, the South East and South West –...