construction news
North Midland Construction rebrands as NMCN
The North Midland Construction group of companies has changed its name from NM Group to NMCN.The North Midland Construction group of companies has changed its name from NM Group to NMCN.Read Full Article: The Construction Index from All Construction News | The...
Interserve shares sink to new low
Interserve’s share price dipped below 32 pence last week for the first time in the company on the back of a trading update revealing lower than expected cash inflow.Interserve’s share price dipped below 32 pence last week for the first time in the company on the...
Government to use standardised components on £600bn pipeline
The Government is pressing for greater use of digital manufacturing techniques to deliver its £600bn project pipeline over the next decade. Today the government sets out plans to promote a standardisation approach to building infrastructure, which it has called a...
Ainscough closes depots as crane demand falls
Leading mobile crane hirer Ainscough has launched a cost-cutting drive with depot closures and redundancies. The firm warned that tougher market condition had hit demand for its services with volumes down 15% on last year. It told staff with the outlook set to...
North Midland rebrand marks growth drive
North Midland Construction and its subsidiary Nomenca are being rebranded as nmcn as a national recruitment drive gets underway. The expanding business has a growing £700m project pipeline, after securing a series of major built environment and water industry...
Crane collapses on Ballymore site
A self-erecting tower crane has collapsed on a Ballymore site in east London. Video footage obtained by the Enquirer shows the jib broke free and fell on to the site. Ballymore confirmed that no-one was injured in the incident at the Royal Wharf site. Video still of...
HS2 boss: Government will give ‘no more money’ for scheme
HS2’s chief executive has said the government will not give the project any more money despite its current cost gap, CN can reveal. source https://www.constructionnews.co.uk/companies/clients/hs2/hs2-boss-government-will-give-no-more-money-for-scheme/10037477.article
Government claims record £600bn infrastructure pipeline
The government has announced the “highest sustained level” of infrastructure spending in 40 years as it outlined £600bn of projects for coming decade. source...
London’s rail infrastructure ‘hampering growth’
Shortcomings in the capital’s rail infrastructure are hampering economic growth and quality of life, a new report by the London Assembly has said. source...
Interserve’s debt ‘could reach £800m’
Interserve’s growing debt mountain could peak at close to £800m, analysts have said, after the firm announced that year-end net debt would be £50m above previous expectations. source...
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