Buyers report fastest activity decline in five yearsConstruction buyers reported the fastest decline in activity in more than five years last month.
The latest bellwether S&P Global UK Construction Purchasing Managers’ Index paints a grim picture of weakening order books and little good news ahead as construction braces itself for a doom-laden budget.
The index registered 44.1 in October, down…
Ten high-rise schemes in limbo after building control firm foldsThe Building Safety Regulator is scrambling to contain disruption after the collapse of Assent Building Control and two of its registered subsidiaries left at least 10 high-rise projects stuck in limbo at Gateway 2.
Assent — along with registered building control approvers Oculus Building Consultancy and LB Building Control —…
Sizewell C financial close unlocks full-scale constructionFull-scale construction of the planned Sizewell C nuclear project can now proceed after a £5.5bn debt raise with 13 banks completed the financial package for the £38bn construction job.
Sizewell C becomes the first nuclear project in the world financed through private investors under the UK’s Regulated Asset Base model — the sam…
Building control giant Assent ceases tradingOne of the country largest building control firms Assent has ceased trading sending shockwaves through the industry.
The building compliance firm was a key player in the Building Safety Regulator Gateway approval process for many projects.
Its collapse could cause fresh turmoil and set back efforts to clear Gateway 2 project backlogs.
Industry experts…
McLaren Living signs deal for £250m Reading regenReading Borough Council has finalised a development agreement with preferred bidder McLaren Living to deliver the £250m regeneration of the town’s Minster Quarter.
The long-awaited deal paves the way for over 600 new homes – including 30% affordable – alongside 40,000 sq ft of workspace, shops, food and drink venues, and a 102-bed…
London ready-mix sales dive 32% amid housing slumpReady-mixed concrete sales in London have crashed by nearly a third as the capital’s housing slump and high-rise planning delays at the Building Safety Regulator choke demand across the sector.
New figures from the Mineral Products Association (MPA) paint a grim picture of the heavyside market, with sales of construction materials stuck at…
£200m plan lodged to transform Huyton town centreGenr8 Kajima Regeneration, in partnership with Knowsley Council, has submitted a £200m hybrid planning application to deliver a major regeneration of Huyton Village.
The St Michael’s Place scheme aims to breathe new life into the town centre. Phase one will be anchored by a new 90,000 sq ft council HQ along with 72 flats, a 130-bed hotel, a…
McAleer & Rushe wins £30m Tottenham student living jobMcAleer & Rushe has bagged a major north London student accommodation job believed to be worth over £30m near Tottenham Hotspurs stadium.
The 287-room student living scheme on Tottenham High Road will blend the historic shop frontage of a grade II-lised printworks building with new urban blocks behind.
Design by local practice F3 Architects,…
MoD rolls out £9bn plan to fix forces housingBritain’s armed forces housing is set for a major overhaul under a new £9bn Defence Housing Strategy that will see more than 40,000 military homes modernised or replaced while surplus MoD land is released for over 100,000 new homes.
The new 10-year plan will upgrade thousands of service family homes with new kitchens, bathrooms and heating systems,…
Statom lands frame deal on Kier Barlinnie prison jobStatom Group North has been appointed by Kier to deliver a comprehensive groundworks and RC structures package at its £684m Glasgow super prison job.
Statom will be working on the Central Facilities Building, Front of House Building and several other ancillary buildings as part of work to replace HMP Barlinnie.
Careys was part of the origina…