Go-ahead for City of London’s tallest towerPlans to build the City of London’s tallest tower have received the green light.
The 74-storey office tower known as 1 Undershaft will deliver nearly 1.7m sq ft of prime office space.
The stepped skyscraper will top out at the same height, when benchmarked against sea level, as the Shard, soaring to the 309.6m maximum ceiling permitted by the civ…
Construction T Level scrapped due to lack of demandOnsite Construction T Level courses are being scrapped “due to a lack of overall demand.”
The construction course aimed at 16-19 year olds was not spared the axe during a review into vocational qualifications that were due to be defunded by the previous government.
Around 70% of qualifications that were slated for defunding have been saved in…
Bid rigging probe launched into school repair workThe Competition and Markets Authority has launched an investigation into suspected bid-rigging in relation to a key government fund for improving the condition of school buildings.
The competition watchdogs suspect that several companies providing roofing and construction services – including building contractors and technical advisors –…
Government commits to four new prisons in seven yearsThe Government today setout plans to build four new prisons in the next 7 years, opening up around 6,500 places to lock up dangerous criminals.
Under the 10-year prison capacity strategy, unveiled by the Lord Chancellor Shabana Mahmood, a further 6,400 places will be built in new blocks on current sites, 1,000 rapid deployment cells will b…
Credit insurance saves Billington from ISG hitStructural steel giant Billington said a payout from its credit insurer has spared the firm from a major hit from the collapse of ISG.
In a trading statement today it said: “Billington has historically traded with various ISG trading entities, delivering a number of high-profile projects.
“The Group has received an interim payment from its credit…
M&E specialist Dodd doubles profit on retrofit surgeM&E specialist contractor Dodd Group has reported pre-tax profit almost doubled on the back of surging demand for property retrofit work.
The Telford headquartered firm delivered record revenue in the year to March 2024, jumping 20% to £249m. This lifted pre-tax profit from £3.5m to £6.7m.
Better trading saw operating margins improve to 2.2%…
Go-ahead for 800-home Croydon dual towersGreystar has secured planning to build two towers providing over 800 build to rent homes in Croydon, South London.
The long-vacant One Lansdowne Road site will see 50 and 31-storey towers built using volumetric offsite construction.
Modular specialist Tide and Vision has been involved in the design work for the project drawn up by architect HTA…
Construction inflation set to return raising tender pricesCost consultant Turner & Townsend is warning clients to plan for the return of rising construction inflation.
The firm says 2024 will be the bottom of an inflationary trough, with high demand and low supply across building and infrastructure likely to drive tender price inflation back up.
T&T is telling its clients to act now to secur…
Start date for vast Balfour and Costain carbon capture power jobClient NZT Power has reached financial close on the world’s first gas-fired power station with carbon capture and storage.
Construction is now set to start from mid-2025 on Teesside with Balfour Beatty and Costain set to play leading roles.
NZT Power will progress in parallel with the Northern Endurance Partnership (NEP) which also…
Vinci Building buys tower cranes for first timeVINCI Building has bought its own tower cranes for the first time at the Sheffield Forgemasters’ Brightside Lane site.
The contractor usually hires its cranes but has decided to invest in the all-electric technology from WOLFFKRAN of Germany.
The two WOLFF 355 Bs are the first wholly owned by VINCI Building and cost around £2.5m on the £138m…