Graham takes on ISG £45m Coventry cultural hub jobGraham has been named as replacement contractor to complete work on the stalled conversion of Coventry’s former city centre IKEA building into a cultural hub
Construction on the pioneering cultural project was paused last September when the previous contractor, ISG, entered administration.
The scheme, housed within what was an IKEA store, w…
Alun Griffiths to “restructure and resize” after £95m lossCivils contractor Alun Griffiths has launched an “urgent restructure” after posting a £95m loss from a turnover of £263m in its latest accounts.
Results filed at Companies House for the year to December 31 2023 show a pre-tax loss of £95m compared to £20m last time on turnover down to £262.7m from £301m.
The firm said…
Balfour Beatty profit dented by £83m building safety hitA reassessment of building safety work dented Balfour Beatty pre-tax profits last year which slipped 14% to £214m.
But underlying profit from operations edged up 7% to £252m helped by improved profitability in UK Construction and higher volumes at Gammon.
This was partially offset by reduced profits in US Construction.
Overall revenu…
Historic scaffolding firm files administration noticeA scaffolding contractor that has been in business for more than 125 years has filed a notice of intention to appoint an administrator.
Hertfordshire based Rodells has been trading since 1898 when it was founded by Leonard Rodell as a steeple-jacking company.
The company operates a large scaffolding operation from its yard in London Colney…
Planning Bill to have “seismic” impact on constructionThe Planning and Infrastructure Bill was introduced to Parliament on Tuesday promising “seismic” reforms to boost building levels.
The government is looking to sweep away planning hurdles to speed-up decisions and create a process that “works for the builders, not blockers.”
The target is to deliver 1.5 million new homes alongsid…
Man Utd confirm plan for £2bn ‘super-tent’ stadiumManchester United Football Club today confirmed they will build a £2bn 100,000-seater super stadium.
The unusual tent-like stadium design will form the centrepiece of the regeneration of the Old Trafford area.
Designed by architect Foster + Partner, the stadium, and wider regeneration project, have the potential to deliver an additiona…
Government spending keeps profits edging-up at KierKier is confident continued Government spending will keep its order books full as pre-tax profits and turnover both increased during the back end of last year.
Latest results for the six months to December 31 2024 show turnover up 6% to £1.97bn from £1.86bn with a similar increase in pre-tax profits to £28.6m from £27m.
The contractor’s…
Wates raids Laing O’Rourke for new construction operations chiefWates has appointed Laing O’Rourke’s head of procurement George Mosey as new operations director for Construction.
Sitting on the Wates Construction board, Mosey will work alongside the senior team to drive forward Wates’ continued focus on safety, quality, sustainability and operational performance.
Mosey spent more than 16…
Travis Perkins CEO Pete Redfern steps down due to ill healthTravis Perkins has announced that Chief Executive Officer Pete Redfern is stepping down with immediate effect due to ill health.
Redfern took up the role at the builders’ merchant giant last September.
He previously spent more than 14 years as chief executive of house builder Taylor Wimpey before stepping down in 2022
Travis Perkins…
Glencar to build timber-framed office blockGlencar has been appointed as main contractor to deliver a 79,200 sq ft timber-framed office building in Maidenhead.
Work will start on site next month on the Trehus scheme for HUB and its investor partner Smedvig which forms Phase 2 of the wider One Maidenhead mixed-use masterplan.
Glencar will deliver the full construction and fit-out of Trehus wit…