High tech construction plant could save country £417bnA report by Costain claims the widespread adoption of Connected and Autonomous Plant (CAP) across construction and infrastructure jobs would stimulate the UK economy by an extra £417bn by 2050.
The contractor said using construction equipment that utilises the latest digital technology will have massive benefits for productivity and…
Concrete frame defects cost Bellway another £14mBellway has set aside an extra £14.1m to remedy structural defects on a south London apartment block.
The company has already spent £31m fixing the reinforced concrete frame of the block in Greenwich which was built 13 years ago.
In its year-end results to July 31 2024 today Bellway said: “The additional provision in relation to the Greenwic…
Green light for 52-storey Isle of Dogs resi towerPlanners in the London Borough of Tower Hamlets have finally given the green light to a residential skyscraper on the Isle of Dogs in London Docklands.
Hong Kong private equity firm Gaw Capital and development manager City & Docklands plan to build a 52-storey tower with around 460-flats on the site of low-level office buildings at 4-5 Harbour…
Contractors urged to “hire now” as labour supply crunch loomsContractors are being urged to “hire now” as further evidence of a looming labour supply crunch in construction emerged today.
Latest labour market statistics from the ONS show construction is getting tighter while the rest of the labour market loosens.
Construction job vacancies grew 14.9% on the year while decreasing by 14.4%…
Data centres and airport expansion to spur growthPlans to invest £1.1bn in London Stansted airport and build yet more data centres that turbo charge planned total digital infrastructure spend to £25bn were hailed at the Government’s International Investment Summit today.
The latest schemes, including a host clean energy projects corralled together in an earlier Government statement, wer…
Kier confirmed for £20m Yasa Motors Bicester HQProperty developer Bicester Motion has picked Kier as its construction partner to deliver UK electric motor company YASA’s HQ at a former World War Two RAF base in Oxfordshire.
The 444-acre future mobility estate in Bicester, called the Ranges, will be built out with several buildings over the next few years.
Kier will construct the bespoke HQ…
BAM reassures supply chain after winding-up petitionBAM Construction has acted to reassure its supply chain after a supplier issued a winding-up petition against the firm.
The main contractor took the step to email its subcontractors after the firm’s credit rating was impacted by the action.
In an email seen by the Enquirer, BAM said: “BAM is aware that its credit rating is being temporarily…
£60m turnover construction group sold to staffGateshead based Meldrum Construction Services Group has become an Employee Owned Trust (EOT) by its 220 staff.
The £60m turnover firm specialises in construction, civils, fabrication, M&E, fire engineering and also has in-house FM capability.
Current CEO Dave Meldrum will continue in his role while the existing board of directors will remain in fu…
Winvic secures Leeds build to rent schemeWinvic is to start construction on a 450-flat build to rent scheme making up the first phase of the Sweet Street regeneration project in Leeds.
The project is getting underway after build to rent developer and operator PLATFORM_ signed off a £150m joint venture with Lloyds-backed equity investor – HGP – to deliver the initial build at the South Bank…
Starmer vows to “rip out” obstacles to investmentPrime Minister Kier Starmer is vowing to “rip out” bureaucracy that blocks infrastructure investment in the UK.
His pledge will coincide with today’s inaugural International Investment Summit where billions worth of projects are due to be unveiled.
Starmer will say: “We’ve got to look at regulation where it is needlessly holding back…