Rolls Royce signs small nuclear plants contractRolls‑Royce SMR has formally signed the contract with Great British Energy – Nuclear to deliver the UK’s first Small Modular Reactors (SMRs).
Rolls-Royce SMR was selected as the preferred technology partner last June and £2.6bn was allocated in the 2025 Spending Review towards the wider programme delivery.
The UK’s first SMR project at…
MPB builds £160m pipeline as public sector pivot pays offMPB Structures has boosted margins and more than doubled its cash pile after pivoting hard into public sector and infrastructure work.
The RC frame and civils specialist posted turnover of £106m for the year to 30 September 2025, down from £116m, reflecting a deliberate move away from private residential and commercial jobs.
Pre-tax…
Downing Construction sinks deeper into lossDowning Construction has slipped further into the red after a sharp drop in workload and rising remediation liabilities linked to legacy projects.
The Liverpool-based contractor posted a pre-tax loss of £8.7m for the year to March 2025, widening from a £5.8m loss the previous year, as turnover fell 38% to £66m.
The downturn reflects a lack of new…
Mace tops March contracts league after big office winMace topped the March contract league rankings on the strength of a single a £450m office scheme on London’s South Bank.
The Red Lion Court scheme, known as Project Roar, will see 23,000 sq m of office space built across 11 storeys, with two basement levels.
Morgan Sindall came in second place in last month’s contract wins rankings with a…
Barratt Redrow and PfP team up for 8,500-home garden townPlaces for People and Barratt Redrow have teamed up to push forward one of the UK’s biggest housing schemes in decades, with plans for an 8,500-home garden town on the outskirts of Gilston in East Hertfordshire.
The joint venture aims to deliver six interlinked villages across a 660-hectare site, combining housing, green infrastructur…
Plans go in for first phase of 1.6m sq ft Mix ManchesterA planning application for the 1.6m sq ft phase one of Mix Manchester has been submitted by the joint venture partnership behind the UK’s first airport-based science, innovation, and manufacturing campus.
The first phase will include over 70,000 sq ft of flexible mid-tech workspace aimed at pioneering businesses and a 1,500-spac…
Strabag swoops to buy piling specialist Van Elle for £59mAustrian contractor Strabag has struck a £58.8m deal to buy ground engineering contractor Van Elle.
Its UK arm, Strabag UK has agreed a recommended cash offer of 52.3p a share, representing a 58.5% premium to aim-listed Van Elle’s share price.
The move strengthens Strabag’s push to build a vertically integrated construction platform…
Red revamps group structure in push for growthContractor Red Group is reorganising its business to push for more growth as the firm hits a turnover of £200m.
It will be focusing on four distinct areas – geography; scale; sector specialism; and supply chain – under a newly created parent company RedGroup Ltd.
Details of the four areas are:
Geographical focus: Red South West and the newly…
Manchester tower deal finally unlocked after four-year stallA stalled Manchester mid-rise residential scheme is finally set to move after a new public-private funding partnership stepped in to unlock delivery.
The 15-storey Ferrous tower in Piccadilly East – first approved more than four years ago – can now push towards site start after being transferred into the £860m Impact&Places Fund…
Building safety regulator moves to unblock cladding fix backlogThe Building Safety Regulator has launched a fresh recovery plan to cut long-running delays on higher-risk building cladding remediation schemes.
It includes setting up a new dedicated taskforce, lower caseloads and a promise to get average decision times below 12 weeks by December 2026.
This is still above the statutory milestone of…