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Pre-pack deal rescues online building materials firm

Pre-pack deal rescues online building materials firm

Building materials distributor Lords has acquired its online-only rival CMO in a pre-pack administration deal for £1.8m The £71m-turnover CMO business was founded in 2008 as Construction Materials Online but was forced to delist from the AIM market in March as it...

Contract deal to make construction more collaborative

Contract deal to make construction more collaborative

Thomas Telford Ltd, the commercial arm of the Institution of Civil Engineers and publisher of the NEC Contract suite, has announced its acquisition of the Framework Alliance Contract (FAC-1) and the Term Alliance Contract (TAC-1). The strategic move also sees King’s...

Laing O’Rourke wins £920m animal health super-lab job

Laing O’Rourke wins £920m animal health super-lab job

Laing O’Rourke has secured the £920m main works contract to deliver an animal diseases super-lab at the government’s flagship Weybridge biosecurity campus in Surrey. The job, awarded by the Department for Environment, Food & Rural Affairs, will see O’Rourke take...

Scotland eyes £3bn cladding fix as levy targets house builders

Scotland eyes £3bn cladding fix as levy targets house builders

The cost of fixing unsafe cladding on homes across Scotland could hit £3.1bn, according to new government estimates. Ministers have published the Building Safety Levy (Scotland) Bill, which proposes a tax on certain new residential developments to raise £30m a year...

Scotland eyes £3bn cladding fix as levy targets house builders

Amey profit jumps 31% as £7.8bn pipeline fuels growth plans

Amey has bounced back with a sharp rise in pre-tax profit to £127m last year, up 31% from £87m, as it capitalised on strong public sector demand and new framework wins. The engineering and infrastructure group said it had now fully completed its carve-out from...

Green light for stalled London resi tower

Green light for stalled London resi tower

Developer Regal has been granted planning approval for a a stalled high-rise residential project in North London. Camden Council gave the green light for construction to start at 100 Avenue Road in Swiss Cottage where plans had stalled under a previous developer. The...

Home Office steps-up immigration raids on construction sites

Home Office steps-up immigration raids on construction sites

Construction sites are increasingly coming under the spotlight as a major surge in immigration enforcement activity has led to a 51% rise in the number of arrests in the last year. Since 5 July last year to 31 May, 9,000 visits have resulted in 6,410 arrests across...

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