Rayner unveils £39bn plan to build 300,000 social homesDeputy Prime Minister Angela Rayner will today unveil details of a £39bn house building drive for the next 10 years aiming to deliver around 300,000 new social and affordable homes.
The new Social and Affordable Homes Programme will almost double the previous five-year £12.3bn Affordable Homes Programme, which targeted 130,000 homes by…
Keltbray bounces back with £3.2m profitKeltbray Built Environment has delivered a major turnaround, posting a £3.2m pre-tax profit last year, a sharp recovery from just £44,000 in the prior year.
Turnover rose 17% to £364m, while gross profit jumped 71% as the business tightened up opportunity selection and improved project delivery through its Integrated Project Model.
The model sees severa…
VINCI JV wins 500-home twin town centre revampsVINCI UK Developments and ION Property Developments have been named as the preferred development partners for major regeneration projects in Chester and Northwich.
Cheshire West and Chester Council’s Cabinet is set to rubber-stamp the appointment on 9 July following two separate procurement contests.
The two schemes will be delivered via a joint…
80 energy projects unlocked as Ofgem backs grid expansionOfgem has approved an initial £24bn five-year funding package to keep the UK’s gas infrastructure running safely and to begin a major upgrade of Britain’s electricity supergrid.
The decision kicks off the RIIO-3 price control period from 2026 to 2031 and includes funding for 80 electricity transmission projects aimed at connecting u…
Pinewood submits £1bn data centre planPinewood Group has submitted plans for a £1bn data centre on land south of its iconic studios, with proposals including a 55,000m² facility alongside a 60-acre nature reserve and six-acre community garden and learning space.
The planning application to Buckinghamshire Council marks a major shift into digital infrastructure for the film studio giant,…
Record results after TClarke goes privateBritain’s biggest M&E contractor has posted a record set of results after de-listing from the Stock Exchange and going private.
Latest figures from TClarke show turnover for the 15 months to March 31 2025 hit £846.6m from £490.9m for the 12 months to December 31 2023.
Pre-tax profits also increased to £16.3m from £15.6m at the company which employs…
Construction comeback to outpace wider economyConsultant Arcadis is forecasting a cautious construction recovery amid early signs of renewed momentum across key sectors after a period of stagnation.
The consultant’s latest Summer 2025 tender forecast suggests the industry could outpace wider economic growth, with new orders stabilising, sentiment picking up, and contractor performance improving…
Dalkia lands £200m nuclear maintenance dealDalkia UK has been awarded a £200m facilities management deal on eight nuclear power stations operated by parent company EDF.
The contract covers a broad spectrum of services including mechanical and electrical maintenance, building fabric and grounds upkeep, industrial services, catering, waste management and office support services.
As part of…
First steel goes up on giant car battery siteThe first steel frames are now in place on the £4bn Agratas gigafactory site near Bridgwater, Somerset.
Severfield is working on the steel package for main contractor Sir Robert McAlpine on the site which has faced construction delays as plans were revised.
Earl Wiggins, VP Manufacturing Operations at Agratas said: “The construction of the st…
Major Building Safety Regulator shake-up to end tower delaysThe government has stepped in to take direct control of the Building Safety Regulator in a shake-up aimed at unblocking high-rise housing delays and restoring industry confidence.
Responsibility for the regulator is being stripped from the Health and Safety Executive and handed to a new arm’s length agency under the housing…