Cheetham Hill Construction Ltd has become the latest contractor to transition to an employee-owned business. The civils firm has established an Employee Ownership Trust so 100% of shares will be held for the benefit of satff. Long-serving Managing Director Howard...

Construction buyers reported a sharp slump in July as activity levels fell at the steepest pace since May 2020. The bellwether S&P Global UK Construction Purchasing Managers’ Index posted 44.3 in July, down from 48.8 in June signalling the sharpest contraction in...

A developer has unveiled bold new plans to build a 50-storey skyscraper in central Cardiff that will become the tallest building in Wales if approved. REAP 3, a subsidiary of specialist build to rent developer BlueCastle Capital, is preparing a planning application to...

Transport for Greater Manchester has started procurement for up to £1.6bn of infrastructure work to help maintain and grow the Metrolink light rail network. The contract covers Metrolink’s asset renewals programme, which includes replacing key infrastructure – such as...

Materials giant Ibstock is seeing brick sales continue to recover but price rises are not sticking in a more competitive market. Latest results for the six months to June 30 2025 saw revenue rise to £193m from £178m but pre-tax profits dipped to £8m from £12m. Chief...

Munich Re investment manager MEAG has appointed Collins Construction for a 140,000 sq ft office retrofit at 30 Finsbury Square on the edge of the City in London. Work started this week on the major overhaul designed by architect Fletcher Priest which will see another...