construction news
Robertson starts work on first subsidy-free affordable homes
Robertson has started work on 50 affordable rented homes, which it says are Scotland’s first to be built without any government subsidy.Robertson has started work on 50 affordable rented homes, which it says are Scotland’s first to be built without any...
Housing reaches new high but growth runs out of steam
Latest government numbers show that there were 222,190 new homes added to housing stock in England in the year to 31st March 2018, an increase of just 2.2% over the previous year but 78% above five years ago.Latest government numbers show that there were 222,190 new...
Kier assures its future-proofing is on course
Kier has reassured shareholders that while its first-half financial results will bear the impact of reorganisation costs, all will be fine by year-end.Kier has reassured shareholders that while its first-half financial results will bear the impact of reorganisation...
No sign of progress in clearing invoices
Eight out of 10 building services contractors are still routinely being paid late despite the various government and industry initiatives to combat the issue.Eight out of 10 building services contractors are still routinely being paid late despite the various...
Bouygues UK south east chief exits
Bouygues UK’s London and south east managing director, Darren Gill, has left after 22 years at the group. Gill has worked for Bouygues Construction both within the UK and internationally and was well respected. A spokesman for Bouygues UK said: “He has held a...
Kier on track with debt reduction efforts
Kier this morning revealled it was starting to make progress reducing its big debt mountain. In a statement for the construction group’s annual general meeting, Kier said it expected average monthly net debt to reduce from its £410m peak in the summer to around...
Wates wins £82m London Haringey tower job
Wates Construction has been appointed by London residential developer Anthology to build a 32-storey tower in Tottenham Hale. The contract valued at £82m will see Wates deliver the Haringey project, which forms part of the Hale Village regeneration. The 107m tall...
Forrest voluntarily exits £200m framework
Forrest Group has withdrawn from client frameworks and is in talks to exit a mixed-use scheme in Manchester ahead of a possible refinancing deal, CN understands. source...
Bouygues UK regional MD exits after 22 years
Bouygues UK’s managing director for the South-east Darren Gill has exited the firm. source https://www.constructionnews.co.uk/companies/contractors/bouygues/bouygues-uk-regional-md-exits-after-22-years/10037153.article
Last chance: Hear from WeWork, HS2, Quintain and many more
More than 80 of the industry’s most influential leaders will convene on the CN Summit next week in London. source https://www.constructionnews.co.uk/events/cn-summit/last-chance-hear-from-wework-hs2-quintain-and-many-more/10037248.article
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