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…
Bouygues UK battles third year of losses as safety bills mountBouygues UK has slumped to a third consecutive year of losses, taking its accumulated pre-tax deficit since 2022 to around £136m.
While turnover rose 15% to £376m last year, the contractor continued to struggle with challenging market conditions posting a pre-tax loss of £32m.
This was significantly improved from the £62m loss…
Manchester’s Red Bank set for 43-storey landmark towerGuernsey-based developer LWP Redbank has unveiled plans for two residential towers rising to 43 and 18 storeys on a key site at Cheetham Hill in Manchester’s planned £4bn Victoria North regeneration.
The 50–54 Red Bank scheme will deliver 509 flats, with shared amenities, landscaped outdoor areas and sweeping city views.
At street…
M&E specialist HE Simm files administration noticeEngineering services specialist HE Simm & Son has filed a notice of intention to appoint an administrator.
The family run M&E firm has been in business since 1948 and is in based in Liverpool with offices in London and Manchester.
Latest results for the company for the extended accounting period of 17 months to December 31 2023 show a turnover of…
Go-ahead for £500m London beds and sheds docks schemeDeveloper Regal has secured unanimous planning approval for a £500m mixed-use development at Orchard Wharf in London Docklands.
The scheme next to the mouth of the River Lea on the northbank of the Thames will comprise a safeguarded wharf and logistic centre, over 200 affordable flats and accommodation for around 1,400 students.
These will b…
Homes England and Vistry launch £150m housing JVPartnership homes developer Vistry Group has teamed up with Homes England to create a long-term joint venture aimed at accelerating large-scale housing delivery across England.
The new vehicle, named Hestia, is backed by £150m from both partners and will target strategic sites ranging from 400 to 3,000 homes.
Vistry said that by co-investing wit…
New era begins at Balfour as Leo Quinn hands over reinsPhilip Hoare takes over as Balfour Beatty Group Chief Executive today as Leo Quinn steps down from his role after more than 10 years.
Balfour announced the move earlier this year with today the day that a new era begins at the contractor.
Hoare was previously Chief Operating Officer at consultant AtkinsRéalis.
In his new role Hoare w…
Network Plus margin climbs to 7.4% on utilities boomPrivate equity-backed utility and infrastructure contractor Network Plus Services has pushed margins higher on the back of rising energy and water workloads.
Adjusted EBITDA jumped 20% to £43m in the year to 30 March 2025, lifting margins from 6.8% to 7.4%.
But onerous contract and restructuring charges impacted the bottom line with pre-tax…
Statom buys piling specialist Franki FoundationsConcrete frame contractor Statom Group has acquired piling specialist Franki Foundations UK.
Franki Foundations is on course for a £40m turnover this year and has been operating in the market for more than 20 years.
The piling specialist has built a strong reputation for delivering complex foundation packages across the UK.
Its services includ…
Strabag storms contracts league with £3bn HARP winStrabag was catapulted to the top of the August contracts league after receiving final sign off for its 110km Haweswater aqueduct upgrade in the North West for United Utilities.
The blockbusting contract secured by special purpose company Cascade Infrastructure is the UK’s first major water scheme procured under Ofwat’s Direct Procurement for…