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£150m Bournemouth Winter Gardens revamp approved

£150m Bournemouth Winter Gardens revamp approved

Morgan Sindall’s plan has been approved to transform one of Bournemouth’s most famous locations into a £150m shopping, leisure and homes complex. Bournemouth Development Company, a partnerships between Morgan Sindall and the local council, aims to build 350 apartments...

Intu cuts dividends to maintain construction investment

Intu cuts dividends to maintain construction investment

Intu is cutting returns to shareholders to protect its capital investment programme after a potential bid offer for the retail developer fell through. A consortium of the Peel Group, Olayan Group and Brookfield Property Group started bid talks in October but they have...

Engie to buy Forrest housing and energy arms

Engie to buy Forrest housing and energy arms

French energy services giant Engie is set to buy the social housing refurbishment and energy operations of stricken North West contractor Forrest Group. Bolton-based Forrest has been fighting for survival in recent weeks, and yesterday revealed refinancing talks with...

Engie to buy Forrest housing and energy arms

CITB outsources 337 admin staff and sells plant card scheme

The Construction Industry Training Board is outsourcing a raft of its back-office functions. The move will affect 337 staff with the “majority” transferring over to new provider Shared Services Connected Ltd (SSCL). The move is part of CITB’s Vision 2020...

Intu cuts dividends to maintain construction investment

Forrest refinancing fails as break-up looms

Forrest is to dispose of large parts of its core business after the firm failed to secure a refinancing deal. source https://www.constructionnews.co.uk/companies/contractors/forrest-refinancing-fails-as-break-up-looms/10037693.article

GMI starts Stockport Exchange phase 3 office

GMI starts Stockport Exchange phase 3 office

Leeds contractor GMI Construction has bagged the next phase of the £145m Stockport Exchange office scheme near the town’s railway station. The scheme forms part of the regeneration partnership between the local council and Muse to transform Stockport town...

GMI starts Stockport Exchange phase 3 office

Half-way point for UK’s biggest road upgrade scheme

The £1.5bn project to upgrade 21 miles of the A14 between Cambridge and Huntingdon has reached the half-way point. Construction started on Monday 28 November 2016 and is on target to be completed by December 2020. Since work started, more than eight million working...

Wates appoints eastern operations director

Wates appoints eastern operations director

Wates Construction has appointed Stuart Cleworth as operations director to strengthen its project delivery across the East of England. Cleworth will be responsible for a portfolio of projects across the region including overseeing Wates’ delivery of Public Health...

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