Plan unveiled for 31-storey London Fenchurch Street towerInsurance giant Aviva has unveiled plans to redevelop 130 Fenchurch Street in London’s Square Mile with a 31-storey tower.
Development manager CO-RE is working with architect Wilkinson Eyre on the project which goes out to public consultation today, ahead of a application being submitted to the City of London Corporation next year.
T…
Restructure pays off as Higgins returns to profitHiggins Group is back in the black after a restructure.
Latest results for the year to July 31 2024 show a post-tax profit of £320,000 following a £25.9m loss last time as turnover ticked-up to £208m from £171.9m.
Declan Higgins, Chief Executive Officer said: “Despite a difficult market, the Group has demonstrated resilience and continues to…
30 local firms land United Utilities £500m frameworkUnited Utilities has confirmed 30 local construction firms based, or with operations in, the North West as winners of the region’s largest planned investment in water and wastewater infrastructure for more than a century.
The water company has chosen 20 local, civils-based firms and 10 mechanical and electrical specialists to work on its…
Former Heathrow boss joins Mace in board rejigMace has brought in the former chief executive of Heathrow Airport as a non-executive director in final appointment to a rejigged group board from the start of next year.
Through his role at Heathrow, John Holland-Kaye has been a client to Mace and is currently serving as a non-executive director at Thames Water.
He brings expertise in leading major…
Planning officers to get powers to bypass committee stage for housingPlanning officers will be able to bypass council committees to speed through approval of housing schemes under plans launched today by deputy prime minister and housing secretary Angela Rayner.
Under push to modernise the planning approval process, applications that comply with local development plans could bypass the lengthy…
National Insurance hike to delay construction recoveryIncreases to employer’s National Insurance Contributions (NICs) next April will add an estimated 0.75%–1% to construction costs and contribute to delaying a full industry recovery to 2026.
The latest Market View report from Arcadis titled Stuck in the Middle highlights the challenges posed by stubborn inflation, escalating costs, and…
Gratte Bros rides out cost rises with profit increaseFamily-owned building services specialist Gratte Brother has ridden out industry cost pressures to deliver a small rise in profit.
Over the year to March 2024, pre-tax profit edged up to £2.7m from £2.5m previously on turnover slightly ahead at £226m.
Despite the improvement in trading, the data centre and commercial M&E fit-out contractor…
Sellar’s 36-storey London City office tower approvedJoint developers Sellar and Japanese developer Obayashi Properties has secured planning for a 36-storey landmark office tower in the City of London.
The proposed tower at 60 Gracechurch Street that will link the main City cluster to the Walkie-talkie on the capital’s skyline.
Demolition will start at the site once vacant possession is…
Historic property magazine to closeProperty magazine and data business EG has announced it will be closing down next year.
The title – formerly know as Estates Gazette – has been in business since 1858.
An announcement today said: “The group’s parent company has taken the tough decision to start the process of withdrawing all EG products and services from the market during 2025.
“After…
M&S Marble Arch rebuild approved after three-year planning fightAngela Rayner has granted approval for the £480m redevelopment of the M&S store at Marble Arch following a planning wrangle lasting more than three years
The retail giant submitted a planning application to redevelop the store in March 2021.
But previous Secretary of State Michael Gove refused plans last summer for M&S to demolis…