construction news
Groundworks suppliers face cartel probe
Competition watchdogs have provisionally found that three major suppliers of groundworks products formed a cartel to reduce competition and keep prices up. Officials at the Competition and Markets Authority (CMA) have been investigating M.G.F. (Trench Construction...
Cost consultant RLB swoops for Liverpool rival
Large independent construction consultant Rider Levett Bucknall UK has bought Liverpool-based cost management consultant Todd & Ledson. The deal consolidates RLB’s presence in Liverpool and strengthens its expertise in the North where it already has offices in...
Property lender targets small housebuilders with new funding
Lender Hilltop Credit Partners is aiming to boost funding for small and mid-sized residential property developers and housebuilders starved of bank cash. Hilltop is looking to lend more than £125m over the next 12 months to help build more affordable homes. The firm...
ISG wins £47m West London mixed-use revamp
ISG has secured the job to repurpose an unremarkable grey building on London’s famous Kensington High Street into a landmark commercial office and retail scheme. The corner plot next to Kensington High Street Tube station is now known as the Boots building but...
Hill wins £70m London housing scheme
Hill Construction has been awarded a £70m contract to deliver 229 homes in the first stage of the Notting Hill Genesis’ Aylesbury Estate Regeneration in south London. source...
HS2 buys comedian John Bishop’s mansion for £7m
HS2 has bought comedian John Bishop’s family mansion for £6.8m, it has been reported. source https://www.constructionnews.co.uk/companies/clients/hs2/hs2-buys-comedian-john-bishops-mansion-for-7m/10041825.article
Winvic awarded £80m Luton warehouse scheme
Winvic Construction has won an £80m development in Luton. source https://www.constructionnews.co.uk/projects/winvic-awarded-80m-luton-warehouse-scheme/10041813.article
£700m Teesside power station given go-ahead
The government’s planning inspectorate has given the green light to an application for a £700m power station in Teesside. source https://www.constructionnews.co.uk/projects/700m-teesside-power-station-given-go-ahead/10041820.article
Morgan Sindall wins £24m AUB student digs
Morgan Sindall Construction has checked in with another project for Arts University Bournemouth. The 300-bed student accommodation project marks the continuation of a nine-year partnership between the contractor and AUB and was secured via the Southern Construction...
Interserve EfW partner gets $150m lifeline
B&W, Interserve’s partner on three energy-for-waste projects, has secured a $150m (£115m) financing deal for it to continue trading. source...

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