Drug giant scraps move to research centre being built by MaceUS drug maker Merck has scrapped plans to occupy a major life sciences research centre in central London currently under construction by Mace.
Mace started work in 2023 under a £150m deal on Belgrove House directly opposite King’s Cross Square and St. Pancras International and King’s Cross station.
Construction is scheduled for…
OCU faces £20m claim over power lines contractor take-overUtility contractor OCU Services is being sued in the High Court for £20m plus interest over its purchase of specialist Northern Ireland overhead power lines contractors Nettworx and Power Grid Plant.
Four former shareholders – DH Corporate Holdings, Shazleah, Lavery Consultancy and Lismore Corporate Holdings – claim that OCU has…
Severfield finance chief to exit after 12 yearsSeverfield chief financial officer Adam Semple will be leaving the group at the end of next month after 12 years with the business.
The country’s biggest steelwork contractor said the process to appoint his successor was now underway.
While the search is conducted for a new finance chief, interim arrangements were being finalised, with a further…
JRL seals funding for £145m Luton build to rent schemeContractor JRL Group has teamed up with Lloyds-backed Housing Growth Partnership in a £145m joint venture to deliver Luton’s first major build-to-rent development.
The Castle Street project will see three towers of 20, 18 and 14 storeys rise above a podium to provide 402 private rental flats and 12 discounted market rent homes.
On-sit…
Taziker takes over from Spencer on historic bridge jobSpecialist Taziker has taken over restoration work on Grimsby’s historic Corporation Road Bridge after Spencer Group’s contract was terminated earlier this year.
North East Lincolnshire Council cancelled Spencer’s contract in May citing “unacceptable delays” to the £5m project.
The council confirmed this week that it has now…
McAlpine seals £450m Therme Manchester resort jobSir Robert McAlpine has been confirmed as construction manager for the long-awaited £450m Therme Manchester wellbeing resort at TraffordCity.
The appointment follows the creation of Therme Horizon – a €1bn joint venture between Therme Group and private equity investor CVC – and marks the next big step in finally bringing the resort to…
128 jobs axed as HE Simm goes underAll 128 staff at Liverpool M&E contractor HE Simm have been made redundant after the firm finally lost its two-year battle to stay afloat.
Chief executive Gareth Simm confirmed administrators were called in yesterday, drawing a line under more than seven decades of family ownership.
He said the family run contractor was felled by a perfect storm of setbacks,…
McAlpine seals £250m Therme Manchester resort jobSir Robert McAlpine has been confirmed as construction manager for the long-awaited £250m Therme Manchester wellbeing resort at TraffordCity.
The appointment follows the creation of Therme Horizon – a €1bn joint venture between Therme Group and private equity investor CVC – and marks the next big step in finally bringing the resort to…
Costain wins consent for £130m M60 Simister Island upgradeCostain has secured development consent to deliver the £130m rebuild of the Simister Island M60/M62/M66 interchange north of Manchester.
The Department for Transport signed off the long-awaited scheme after a six-month Planning Inspectorate examination, clearing the way for the congestion-busting project.
Costain is not expected to start…
Race for £3.5bn pan-Government consultants frameworkThe Crown Commercial Service has opened bidding on its £3.5bn pan-Government construction consultants framework.
Around 25 incumbent consultants are now facing a battle to hold onto their places on the Construction Professional Services 2 framework.
The four-year framework is scheduled to start in February 2026 and will be open to departments…