Van Elle finds buyer for loss-making Canadian armPiling specialist Van Elle has struck a deal to offload its Canadian business just two years after entering the market, in a move that draws a line under mounting losses while keeping a technical foothold in North America.
The ground engineering specialist has agreed to sell the entire share capital and assets of Van Elle Canada Inc for £2.6m to a…
£100m student halls to replace derelict London Crown CourtSpecialist student accommodation developer IQ has got the planning green light to tear down London’s former Blackfriars Crown Court to make way for a major student scheme.
The £100m building project on Loman Street in Southwark will see the derelict court building replaced with 600 student rooms and 71 affordable homes.
The post-war…
Safety green light for Newcastle student schemeDeveloper Downing has secured Building Safety Regulator Gateway 2 approval for its student accommodation scheme on Heber Street in Newcastle city centre where construction has been delayed by a year.
Building work will now start on site in March 2026 after an application was originally submitted in February.
The scheme will deliver 411 student…
Bachy turnover sinks by over £100m as HS2 surge fadesBachy Soletanche has reported a sharp fall in turnover and profits as the piling giant’s HS2 workload drops away from peak levels.
Latest accounts for Bachy Soletanche Holdings (Europe) show turnover plunging 43% to £143m last year, down from £250m, as two major HS2 packages wound down.
Pre-tax profit more than halved from £16m previously…
Plans go in for next phase of Manchester WatersDeveloper Peel Waters has submitted an outline planning application for the next phase of its Manchester Waters masterplan.
The transformation of Pomona Island between the Bridgewater Canal and the Manchester Ship Canal includes 2,600 new homes, new waterfront connections and more than half the site dedicated to new accessible public realm and green…
Cardo nails £52m Sussex council homes roofing dealExpanding building maintenance specialist Cardo has beaten off a crowded field of rivals to land a £52m roofing repairs and replacements deal for Lewes District Council and Eastbourne Borough Council.
The private equity-backed maintenance specialist saw off 14 bidders to secure both contracts, covering roofing work across a combined housing…
Construction output yo-yos as growth falters againConstruction output slipped back into reverse in October as the sector’s stop–start year continued to unsettle clients and investors.
Latest official figures from the ONS show total output fell 0.3% in the three months to October 2025, underlining how fragile growth remains after September’s small lift.
The quarter was dragged down by a 1%…
Free school build plans axed to fund £3bn SEND expansionThe government has pressed pause on a major slice of England’s free school building pipeline to divert £3bn into funding 50,000 new SEND places across mainstream schools.
Education Secretary Bridget Phillipson confirmed that 28 planned mainstream free schools will be scrapped, with another 16 still under review, as ministers redirect…
McLaren seals £160m funding for Manchester student towerMcLaren Property’s £160m plan to deliver 737 student beds on Manchester’s Upper Brook Street has surged ahead after the developer sealed a major forward-funding deal with L&G.
The agreement allows McLaren Construction to move to full construction on the next phase of the £450m masterplan transforming the Oxford Road Corridor.
Rising…
Former McAlpine boss lined up for Royal BAM board roleRoyal BAM Group has moved to strengthen its top table with former Sir Robert McAlpine chief Paul Hamer set to join its supervisory board next year.
BAM will put Hamer’s appointment to shareholders at its AGM in May 2026, filling the vacancy created when Paul Sheffield steps down at the end of his term.
The group’s Central Works Counc…