construction news
Ex-Carillion MD appointed Amey rail director
Former Carillion MD Andy Joy has been appointed by Amey as sector director of its rail business. source https://www.constructionnews.co.uk/home/ex-carillion-md-appointed-amey-rail-director/10040239.article
BAM UK profit margin rises to 3%
Pre-tax profit margins at BAM’s combined UK building, civil engineering and property activities climbed to 3% last year from 1.8% previously. The strong performance saw the UK operations contribute more to Dutch construction group Royal BAM’s profit than any...
Interserve: Goldman Sachs sells stake to rebel shareholder
Goldman Sachs has offloaded its 10 per cent stake in Interserve to rebel shareholder Coltrane. source https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-goldman-sachs-sells-stake-to-rebel-shareholder/10040215.article
Erith lands £40m Paddington Square job
Erith has been awarded the £40m contract for piling and basement works on Sellar’s £850m Renzo Piano-designed Paddington Square development. source https://www.constructionnews.co.uk/projects/erith-lands-40m-paddington-square-job/10040217.article
Barclays offers ‘Brexit clinics’ to SMEs
Barclays will host clinics across the country to help construction SMEs when the UK leaves the EU next month. source https://www.constructionnews.co.uk/companies/supply-chain/sme-news/barclays-offers-brexit-clinics-to-smes/10040219.article
British Gypsum plays key role at Queen’s Hall refurb
British Gypsum and its specialist supply partner Nevill Long has supplied materials for a £12m regeneration of the Queen’s Hall in Dunoon, Scotland. During the year-long build, the team had to overcome a number of challenges to ensure the renovation was a success. In...
Mick George earthworks deal at historic estate
Mick George is completing an earthworks package at the Wimpole Hall Estate in Cambridgeshire. Work at the historic site is on behalf of principal contractor Brooks and Wood Ltd and is contributing towards the new car-park and visitor welcome building that are being...
Luxury developer Consero to build £50m Bushey scheme
Luxury developer Consero London is planning a new £50m scheme in Hertfordshire after acquiring a 3.5 acre site at the Birchville Court lodge-house and grounds in Bushey. It will be transformed into Heathbourne Village offering 41 homes priced from around £800,000 up...
Scotland slashes threshold for project bank accounts
The threshold for the mandatory use of project bank accounts (PBAs) on Scottish public works contracts is to be cut from £4.1m to £2m from next month.The threshold for the mandatory use of project bank accounts (PBAs) on Scottish public works contracts is to be cut...
Developer named for Falkirk Gateway project
A partnership between Hargreaves Services and Fintry Estates has been chosen as preferred developer for the Falkirk Gateway project.A partnership between Hargreaves Services and Fintry Estates has been chosen as preferred developer for the Falkirk Gateway project.Read...
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