Trio of tech giants unveil £14bn AI data centre hub building plansThe boom in data centre building work will be further fuelled by another wave of planned projects worth £14bn.
Latest plans revealed by three big tech companies will take the total committed investment in AI and data centre infrastructure over the next five to 10 years to a staggering £39bn.
The fresh tranche of planned…
Crest Nicholson delays results over £250m fire safety provisionCrest Nicholson is pushing-back publication of its latest results following a request from its auditors for more time to confirm historic building fire safety costs.
The delay is for “additional time to complete standard procedures and audit the appropriateness of the fire remediation provision.”
Crest Nicholson will now publis…
Bid race for £55m London leisure centre and homesThe London Borough of Tower Hamlets is advancing plans to build a new leisure centre and associated block of flats.
The plan forms part of the council leader’s anti-austerity drive to build new housing and improve services.
Now it is on the hunt for a contractor to demolish the existing St George’s swimming pool building in Shadwell to mak…
Winners revealed as NHS plans to spend £500m on decarbonisationWinners have been confirmed for a £500m framework to help the NHS decarbonise its buildings.
The NHS is aiming to become the “world’s first net zero national health service”, reaching net zero by 2040 for emissions the NHS controls directly.
Work covered under the four-year agreement includes internal and external wa…
Seven scoop £850m Yorkshire Water complex projects dealYorkshire Water has picked seven partners for an £850m framework delivering complex non-infrastructure works.
Barhale, Galliford Try, Glanua, Kier, Mott MacDonald Bentley, Tilbury Douglas, and Ward & Burke will deliver on the utility’s increased investment in non-infrastructure clean and wastewater assets over the next five years.
This…
London Embankment scheme rebooted as student roomsPlans to redevelop a major site on London’s Albert Embankment have been brought back to life with proposals for a 770-bed student scheme over two towers.
It is the third incarnation of plans for the 36-46 Albert Embankment site in Vauxhall, which received planning for a 900-bed hotel across similar proposed towers two years ago.
Before this…
L&G submits plan for £350m Bristol Temple IslandLegal & General has submitted a planning application for Bristol Temple Island, a £350m regeneration project that will transform the derelict, former diesel depot site into a new urban quarter.
The development masterplanned by architects Zaha Hadid aims to deliver 520 homes, two new office buildings, retail space, flexible workspace, and a new…
Hercules tops £100m turnover but suffers £1.7m lossLabour supply specialist Hercules Site Services has topped £100m turnover for the first time, just three years after floating on the Aim market.
But the firm, which saw a 35% rise in people deployed to 1,150 operatives, reported an overall £1.7m pre-tax loss down to its suction excavator business.
Brusk Korkmaz, chief executive officer, said…
£22m Leicester station revamp rethink after one bidLeicester City Council is to retender the £22m project to restore the city’s historic railway station after just one firm submitted a bid after a call for tenders last summer.
The city council, Network Rail and East Midlands Railway are now expected to rebid the project which secured nearly £18m in levelling up funding early this year.
City…
Watchdog extends competition probe into house buildersThe Government’s competition watchdog is extending its investigation into suspected breaches of competition law by seven major house builders.
The Competition and Markets Authority launched a probe last February after uncovering evidence during a far-reaching study into housing market delivery that indicated some house builders may b…