Costain margin heads for 4.5% after half-year profit riseCostain has posted a rise in first-half profits as improved contract selectivity and strong performance in its natural resources arm offset a sharp revenue dip caused by HS2 schedule changes.
Revenue fell 18% to £525m, with road and rail volumes down as highways schemes completed and parts of the HS2 programme were rephased into later…
Hinkley contractors face prosecution over rebar mesh fallBouygues and Laing O’Rourke are facing prosecution by the Office for Nuclear Regulation after an accident at Hinkley Point C.
The incident on 20 August, 2022 saw an employee sustain serious injuries when a wall of rebar mesh fell on him as he was working to remove it from a vertical jig.
The ONR said the incident was a conventiona…
Wates inks £100m deal on first new-design prison houseblocksThe Ministry of Justice has signed its first main works order under the new Small Secure Houseblocks Programme.
Wates has secured the milestone order for a £100m expansion of HMP Onley in Warwickshire, making it the first in the new roll-out to move into construction.
The scheme will see 180 new category C places created across thr…
£122m deal to unlock Newcastle’s last brownfield siteNewcastle’s last major brownfield site is set for transformation after government signed off a £122m regeneration package for Forth Yards.
The cash injection will fund remediation, groundworks and new infrastructure to fix long-standing land issues that have stalled development for decades.
Homes England, Newcastle City Council, Network…
McLaren lands Heathrow logistics dealHeathrow Airport has appointed McLaren Construction for the redevelopment of its Eastern Business Park to build a new 9,481 sq m logistics scheme.
Heathrow is redeveloping the 1.6 hectare site as four warehouse buildings, each split into eight units.
The original buildings at the Eastern Business Park were built in around 1952 and were demolished earlier this…
McAlpine veteran to lead T&T’s project management driveTurner & Townsend has brought in former Sir Robert McAlpine MD Mike O’Donnell to lead its UK Project Management Consultancy service.
O’Donnell, who has nearly four decades’ experience delivering some of the UK’s biggest capital projects including the London 2012 Olympic Stadium, the O2 Arena and Bloomberg London, takes on the ro…
IES snaps up Nexus Power out of administrationManchester-based utilities contractor IES Utilities Group has bought Nexus Power out of administration in a deal that strengthens its grip on the high voltage and offshore power markets.
The £195,000 deal secures Nexus Power’s assets and workforce, bringing its expertise in extra high voltage cable jointing and offshore power into the Integra…
Thames Water tenders £120m water main rehab dealThames Water has opened bidding for a £120m framework to deliver major water mains upgrades across London and the South East.
The water company hopes to appoint between two and five contractors to deliver the programme.
Works will include structural renewal and relining of mains, full replacement of service connections, installation of boundary…
Mace lands latest 30-storey City of London towerMace has been appointed by Hertshten Properties as construction partner for 85 Gracechurch Street – a 30-storey mixed-use tower in the City of London.
The scheme near Leadenhall Market has been designed by Woods Bagot and will replace a 1930s office building with approximately 235,000 sq ft of office space and event space with a 270-degr…
Vinci gets go-ahead for £250m Stockport 8 schemeStockport Council and its development partner ECF have secured planning permission for the £250m Stockport 8 scheme, marking a major milestone in the town’s £1bn regeneration push.
The 8-acre neighbourhood will see around 1,300 homes built alongside new shops, leisure, offices and public squares on land either side of King Street West, next to…