Laing O’Rourke chairman to step downLaing O’Rourke Group Chairman Sir John Parker is stepping down from the role after eight years at the helm.
Company founder Ray O’Rourke will take his place as Chairman from April after Sir John steps down at the end of the group’s financial year.
Ray O’Rourke stepped down as chief executive last year to become deputy chair and hand the CEO reins over…
ISG built Bristol housing block to be torn downA Bristol housing association is being forced to demolish a local housing block after a £4m remediation claim against ISG Pearce faltered because of the wider construction group administration.
Bouverie Court was a former Public House which was redeveloped into 14 self-contained flats and 7 houses for affordable rent in 2011. The development was…
RSK revenue nears £2bn as losses soar to £132mAcquisition-hungry consultancy and construction services group RSK reported deeper pre-tax losses of £132m for the year ending March 2024, compared to a loss of £90m in the previous year.
Despite this RSK’s debt-fuelled expansion drove a 52% increase in revenue, reaching £1.9bn.
Before interest payments on loans totalling £143m, the grou…
Bridge design wind error adds £20m to construction costsLincolnshire County Council has warned that its £148m Grantham Southern Relief Road could cost an extra £20m to build following a bridge design error.
The issues with the rollout of the bridge over the River Witham and the East Coast Main Line will also delay completion of the route by a year to 2026.
Cllr Richard Davies, executive member…
City’s biggest retrofit tower scheme approvedDevelopment manager Stanhope has got the go-ahead for a 33-storey office tower in London’s Square Mile.
The 70 Gracechurch Street project will provide 550,000 sq ft of office space and ranks as one of the city’s largest retrofit projects.
The 155m tower will be stepped, with three glazed office elements split vertically.
Plans for a similar…
Defibrillator saves worker’s life on Wates siteA machine operator for groundworks specialist McCoy Contractors is still alive thanks to his quick thinking colleagues on a Wates prison job.
Driver Chris Bird suffered a cardiac arrest last November and “died” for 16 minutes at the HMP Brinsford site near Wolverhampton.
His colleagues and Wates site managers sprang into action to perform CPR…
Balfour leadership rejig to focus on three key growth sectorsBalfour Beatty has restructured the responsibilities of its three key operational division leaders to focus on the firm’s core growth sectors: Energy, Defence, and Transportation.
Steve Tarr, currently the divisional CEO of Power Transmission & Distribution, Rail, and Balfour Beatty Kilpatrick, will additionally serve as Group Sector…
Regulator pledges to clear 122 project backlog by AprilThe Building Safety Regulator has pledged to clear by April the backlog of projects awaiting safety design clearance to start construction.
The regulator’s accepted backlog for Gateway 2 approval includes around 122 projects. For the first time, the regulator has confirmed to the Enquirer that 31 of these schemes are new-build high-ris…
Government opens bidding for new AI Growth ZonesThe Government has fired the starting gun on plans to create AI Growth Zones to power regional growth and attract major private investment.
These growth zones will speed up planning permission to rapidly build AI infrastructure including data centres and give them the energy connections needed to power AI innovations in areas lik…
Vistry strikes deal for phase 3 of £1.2bn London estate rebuildHousing association Metropolitan Thames Valley Housing has agreed multiple deals with Vistry to pave the way to build 323 homes at the £1.2bn Clapham Park regeneration scheme in South London.
The JV has secured the land from MTVH allowing construction to begin on Phase 3 of the major estate rebuild.
It also signed an agreement for…