Vinci UK swings back into profit after group restructureVinci’s combined UK construction operations bounced back into the black with a £64m pre-tax profit last year from a £6.4m loss in the previous year.
A strong performances from its highways, materials and civil engineering businesses drove the recovery at the group which has been corporately restructured combining Eurovia and mainstream…
Severfield brings in new CEO from Laing O’Rourke ranksBritain’s biggest steelwork contractor Severfield has poached senior Laing O’Rourke figure Paul McNerney to take the helm as chief executive this autumn.
McNerney, currently director for clients and government at Laing O’Rourke, brings over 25 years’ leadership experience in UK and international construction and manufacturing.
He has…
Balfour hits 3% construction margin targetBalfour Beatty has hit its 3% margin target for UK construction.
The target was originally set by chief executive boss Leo Quinn eight years ago.
Latest results for the contracting giant show the UK business boosting profits as the American operations racked-up a loss due to a problem civils contract in Texas.
Results for the six months to June 27 2025…
Network Rail launches £240m OLE steelworks framework raceNetwork Rail has kicked off bidding for a £240m framework to supply steel products and structures for overhead line equipment (OLE) across the UK rail network.
The deal will cover steel piles, structures, small parts and fixings for electrification schemes, with the framework running for six years and the option of a two-year…
Briefing starts for £8bn highways maintenance shake-upNational Highways has started early market engagement on its £8bn second-generation Maintenance and Response (M&R2) contracts to cover the entire 4,500-mile Strategic Road Network.
The new deals will replace existing M&R arrangements which start expiring from July 2028. These were procures and 10 separate maintenance and response contracts…
Plant hirer Lynch launches labour supply divisionLynch has launched a new labour supply division providing operatives to Tier 1 and Tier 2 infrastructure contractors across the UK.
Lynch Labour will add to the company’s established plant hire offering as the industry continues to struggle to attract skilled workers.
The company said: “We are already embedded in major infrastructure schemes,…
Kori lands latest £17m care home contractKori Construction has landed its latest care home contract with a £17m job in Richmond upon Thames.
Work will start on site next month in Station Road, Hampton where Cinnamon Care Collection is transforming the site into a 75-bed home.
Kori will be demolishing an existing warehouse on the site before building a new care home behind the retained facade of…
£70m Bristol student job finally gets Gateway 2 approvalStudent developer Unite has finally secured Gateway 2 approval on its planned 500-bed Freestone Island development scheme in the Temple Meads area of Bristol.
The £73m project scheme has been caught up in the Building Safety Regulator logjam for nearly a year.
A Unite spokesman said: “It’s been a long journey to get here, so we’r…
Government unveils 10 new construction technical collegesThe government has named 10 specialist Construction Technical Excellence Colleges to train more than 40,000 future builders, bricklayers, electricians, carpenters and plumbers by 2029.
Backed by £100m of fresh funding, the newly-designated construction college hubs will be spread across every region of England, with hubs in Derby, Suffolk,…
McLaren lands London School of Economics £100m revampMcLaren Construction has won a £100m deal to retrofit and extend an existing 1950s building for the London School of Economics and Political Science (LSE).
McLaren will take posession of the site at 35 Lincoln’s Inn Fields next month to create a home for the Firoz Lalji Global Hub.
Designed by David Chipperfield Architects, the hub will b…