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…
Multiplex signs £250m London Wall construction contractMultiplex has been officially awarded the main £250m construction contract for the redevelopment of 75 London Wall in the City of London.
The deal was signed with Malaysian property group Gamuda Berhad and London-based real estate investor, Castleforge on Tuesday morning.
Main construction will now start on the £1.2bn project following…
Kier overhauls top team as infrastructure arm launchedKier Group has recast its senior leadership team and launched a new Infrastructure division to sharpen its growth strategy
The contractor has fused its Transportation and Natural Resources Nuclear & Networks businesses into a single Kier Infrastructure arm, creating a consolidated powerhouse spanning roads, rail, aviation, water, energy and…
Premier Forest rescues National Timber Systems from administrationHouse building industry timber supplier Premier Forest Products has bought engineered timber rival National Timber Systems in a deal that secures the future of the business after the collapse of its former parent.
Newport-based Premier Forest bought NTS from administrators following the collapse of National Timber Group England in…