construction news
Six tower plans to change London City skyline by 2026
Skyline views of the main London City tower cluster have been released assuming six more major consented schemes are built. The City of London Corporation has published the images ahead of consultations on the next City transport and local plans. Home to London’s most...
Civils activity surges to 19-month high
Activity in the civil engineering market ended 2018 at its fastest expansion since May 2017 according to new PMI data. source https://www.constructionnews.co.uk/data/civils-activity-surges-to-19-month-high/10038550.article
Midland Met offers contractors cash for losing bids
Potential losing bidders for the Midland Metropolitan Hospital contract have been offered the costs of their bid by the trust involved. source https://www.constructionnews.co.uk/home/industry-news/midland-met-offers-contractors-cash-for-losing-bids/10038556.article
Construction growth slows but optimism remains
UK construction growth slowed down as 2018 came to an end but conversely there was an uplift in optimism.UK construction growth slowed down as 2018 came to an end but conversely there was an uplift in optimism.Read Full Article: The Construction Index from All...
Scottish electrical contractors welcome move to reform cash retentions
Select - the body representing Scotland’s electrical contractors - has welcomed plans for consultation on cash retentions in construction contracts.Select - the body representing Scotland’s electrical contractors - has welcomed plans for consultation on cash...
Buyer found for Richard Irvin’s FM division
A private investment firm has bought the technical facilities management (FM) division of Scottish firm Richard Irvin & Sons, which went into administration just before Christmas.A private investment firm has bought the technical facilities management (FM) division of...
Midland Met Hospital firms demand bid costs reimbursed
Firms preparing to bid to finish off Carillion’s stalled Midland Metropolitan Hospital contract are taking a stand on having bid costs reimbursed. Sandwell and West Birmingham Hospitals NHS Trust hopes to shortlist three firms to enter competitive dialogue for...
Buyers putting faith in 2019 civils boom
Construction buyers are becoming more optimistic as hopes rise of a work surge this year in major infrastructure projects. The rise in confidence comes despite the IHS Markit/CIPS UK Construction Total Activity Index slipping to 52.8 in December from 53.4 in November....
Costain finishes 2018 with £4bn order book
Costain’s order book was worth £4.2bn at the end of the year as the company confirmed its full-year results will be in line with the board’s expectations. source...
M&E contractor goes down owing £17.4m to suppliers
Scottish M&E contractor Richard Irvin & Sons has gone into administration owing £17.4m to suppliers. The trade debt was revealed by administrator Ernst & Young who took control of the Aberdeen based firm late last month. The £45m turnover company has been...
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