Student rooms builder cancels London and defers Bristol projectsUnite Students has slammed the brakes on parts of its development pipeline, blaming mounting viability pressures and a tougher planning environment as it pivots capital towards higher-yielding universities and shareholder returns.
The country’s biggest student accommodation developer this morning said it had deferred delivery of…
Mace crowned annual contracts league championMace has been crowned the industry’s top contracts league winner after a blockbuster year of deal-making that left rivals trailing in its wake.
The London-focused contractor emerged as 2025’s biggest work winner after banking £3.18bn of secured orders, powered by a hoard of projects including the £1.1bn British Library extension and a string of…
Leeds United to kick off stadium expansion this summerLeeds United will start work on a major expansion of Elland Road this summer after securing planning approval.
Councillors at Leeds City Council gave green light yesterday evening to plans to raise capacity to up to 53,000, cementing its position as one of the largest club stadiums in the country.
The scheme will see West and North stands…
Offsite specialist Merit went down owing suppliers £17mSubcontractors and suppliers have been left holding unpaid bills worth £17.4m following the collapse of offsite specialist Merit.
The scale of the company’s debts have been revealed in an update by administrator Interpath who took control in November.
The administrator’s proposals for Merit Holdings state it is “highly unlikely”…
Bovis hires Sisk healthcare chief to scale up NHS workBovis Construction (Europe) has hired former Sisk healthcare lead Nadeem Chaudhry to spearhead its hospital work push.
Chaudhry joins the contractor with more than 24 years’ experience delivering complex, high-value healthcare schemes and a track record across major NHS and private sector projects.
He arrives from Sisk, where he spent four…
Muse picked to steer 10,000-home Bristol Temple Quarter planMuse has been picked to drive one of the country’s biggest city-centre regeneration schemes after being named preferred development partner for Bristol Temple Quarter.
Muse Places will drive the delivery of up to 10,000 new homes alongside major commercial development, public realm and transport upgrades around the city’s main ra…
£300m Wales indoor ski resort clears final planning hurdlePlans for a £300m indoor ski slope and leisure resort at Rhydycar West have been waved through after the Welsh Government confirmed it would not call the scheme in.
Councillors at Merthyr Tydfil Council gave the final green light this week, clearing the way for what is being billed as the UK’s longest indoor snow centre on land to t…
Former Carillion finance directors fined £371,700Two former finance directors at collapsed contractor Carillion have been fined a total of £371,700 for their part in misleading statements in the run-up to the company’s demise.
The watchdog Financial Conduct Authority (FCA) said Richard Adam and Zafar Khan were both aware of serious financial troubles in Carillion’s UK construction business…
Construction buyers see better times aheadConstruction buyers are hoping for a better year ahead as business activity expectations rebounded to a five-month high.
It was a ray of light in an otherwise gloomy set of statistics in the latest bellwether S&P Global UK Construction Purchasing Managers’ Index which registered 40.1 in December, up from 39.4 in November but below the neutral 50.0 valu…
McAlpine tipped for £150m West End office revampDevelopers Edge and Mitsubishi Estate have secured the funding package to push ahead with a £150m office overhaul of 125 Shaftesbury Avenue in West London.
Sir Robert McAlpine is understood to be in line to deliver the big revamp job, which is being taken forward on a speculative basis.
The funding deal clears the way for construction to start…