Spanish owner Ferrovial has slashed the value of Amey by £660m. Ferrovial said the “fair value” of Amey in the UK now is £88m. Amey has been up for sale since late last year when Ferrovial decided to look at offloading its services division. Ferrovial...

Fit out and refurbishment specialist Paragon Interiors Group Plc has gone into administration. The Midlands based contractor is now in the hands of administrators from Leonard Curtis Business Rescue & Recovery. The joint administrators are now seeking offers for...

Nottingham Forest have revealed plans to redevelop the City Ground in a move that will see it become the largest stadium in the East Midlands. The club have been drawing up redevelopment plans for 18 months with the aim of starting at the end of next season. Plans...

Construction procurement specialists Pagabo is set to launch a major new refit and refurbishment framework. Seven firms have won the largest value lot covering schemes worth over £30m, with more than 20 selected across five lots. The £1bn framework covers the full...

Bowmer & Kirkland has restarted work on the stalled Hilton hotel project that stopped midway through construction with the collapse of builder GB Building Solutions three years ago. The half-finished scheme has been redesigned by developer Select Property, which...