Green light for Sheffield Cole Brother store revivalUrban Splash has secured planning approval to revive Sheffield’s landmark Cole Brothers department store, kick-starting the transformation of one of the city centre’s most prominent vacant buildings.
The Grade II-listed 1963 building at Barker’s Pool will be converted into a mixed-use destination combining leisure, food and drink, reta…
UK’s biggest AI data centre plan approvedPlans to build the UK’s largest data centre scheme near Scunthorpe in North Lincolnshire have gained outline approval.
The massive AI data centre campus would deliver over 1.5m square metres of hyperscale floorspace across a campus of 15 data halls and is expected to cost around £7.5bn to build.
This makes it one the most ambitious digita…
Vistry boss buys £893k shares after stock slideVistry chairman and CEO Greg Fitzgerald has moved to back the business with his own money, snapping up £893,000 of shares just days after the house builder’s stock was hammered on margin fears and news of his retirement.
Fitzgerald bought 219,377 shares at £4.072 each yesterday, lifting his total holding to 1,509,167 shares, equal to around…
CITB accused of cutting cash for small contractorsThe CITB is coming under fire again after announcing more changes to how it hands cash back to contractors.
From April only micro, small, and medium size employers can use the Employer Networks funding route.
The annual budget for the programme has been set at £11.5m for the upcoming financial year with an annual cap on claims for smaller firms…
£25m Dartford town centre housing job heads for tenderDartford Borough Council is preparing to launch the contest for a contractor to deliver a £25m town centre housing scheme after submitting a planning application for the long-awaited Westgate Village redevelopment.
The council has lodged plans to transform the derelict former Co-op site between Spital Street and Hythe Street into a new…
Galliford back in affordable housing with £28m Chester jobGalliford Try has secured a £28m contract to deliver 126 social rent flats at the City Place development in Chester for Clarion Housing Group.
The job marks the contractor’s first standalone affordable housing scheme exiting the sector over six years ago as part of the terms of a deal with Vistry to buy its affording housing and Linden…
Data centre sites to jump queue for grid connectionsPlanned data centre schemes will be prioritised for grid connections under new government proposals.
The move is part of a proposed revamp of how grid connection requests are handled after the current system was swamped with speculative applications from developers.
Applications grew 450% last year leaving some developments a 15-year wait to…
Balfour Beatty construction margin hits 3.5%Balfour Beatty’s UK construction business fired on all cylinders last year as booming energy work helped push margins through the 3% barrier and drove a record £22.7bn order book across the group.
The contractor posted a standout performance from its home construction arm, where turnover rose 3% to £3.1bn and operating profit jumped 36% to…
Plans unveiled for 70-storey Liverpool towerDesigns have been unveiled for a 70-storey tower to form the centrepiece of the £1bn Kings project on the Liverpool waterfront.
The tower, designed by SimpsonHaugh, will comprise a 5-star hotel and luxury residences managed by the hotel operator.
The latest designs come just weeks after the scheme’s first tower of 28 storeys, named No. 1 Kings,…
FRC probes accountants over Vistry South division reportingThe Financial Reporting Council has launched an investigation into the conduct of two accountants linked to the financial reporting and forecasting of Vistry Group’s South Division.
The probe will examine work connected to the house builder’s financial statements for the years ending 31 December 2023 and 31 December 2024.
T…