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Construction

Work stopped on £44m Lindum site after council blunder

Work stopped on £44m Lindum site after council blunderWork has been stopped on a £44m Lindum job in Nottinghamshire after the local council broke its own procurement rules.
Ashfield District Council said internal checks identified governance issues within the Automated Distribution and Manufacturing Centre (ADMC) project.
Lindum started on the site as main contractor last Summer and the counc…

£16bn housing bank launches to unlock stalled schemes

£16bn housing bank launches to unlock stalled schemesHomes England has fired the starting gun on its new National Housing Bank, aiming to pump up to £16bn into housing and regeneration schemes and unlock projects stuck by viability and funding gaps.
The government-backed lender opens for business this week with a clear brief: de-risk developments, crowd in private capital and accelerat…

Middle East crisis fuels fresh construction cost surge

Middle East crisis fuels fresh construction cost surgeEscalating tensions in the Middle East are now feeding directly into construction costs, with surging fuel and energy prices seen as the biggest threat to already fragile project margins.
A joint alert from the Builders Merchants Federation and Construction Products Association reveals the conflict is driving a sharp rise in transport and…

Metrocentre owner signs up for 4,500-home Tyne riverside revival

Metrocentre owner signs up for 4,500-home Tyne riverside revivalMetrocentre has struck a landmark agreement with Gateshead Council to deliver a massive brownfield regeneration plan to build more than 4,500 homes along the south bank of the River Tyne.
The Metro Riverside project will transform under-used land around the shopping centre into a mixed-use, carbon-neutral district designed as a…

Canary Wharf Group lines up another major office retrofit

Canary Wharf Group lines up another major office retrofitCanary Wharf Group is preparing to launch the contest for another major office block retrofit on its Dockland estate next to the Eden Dock.
The Norman Foster designed offices formerly known as 33 Canada Square has secured consent for a major 545,000 sq ft upgrade.
Reworked by architect T P Bennett, the renamed 17-storey One Eden project…

Multiplex revenue nears £1bn but margins squeezed

Multiplex revenue nears £1bn but margins squeezedMultiplex Construction Europe took a hit on profit last year as it pivoted into a new cycle of major London schemes, with a £3.4bn forward book now set to drive the next phase of growth.
Turnover jumped 25% to £973m in 2025 as newly-secured work moved into delivery, but pre-tax profit halved to £9.8m as higher-margin legacy projects dropped out…

Cladding claims see major insurer pull plug on architect PI cover

Cladding claims see major insurer pull plug on architect PI coverArchitects, developers and contractors are bracing for a fresh professional indemnity squeeze after Wren Insurance Association Limited, which provides professional indemnity insurance to architects, confirmed it will stop underwriting and withdraw from the market.
The mutual will not offer renewal terms from 1 July 2026 and w…

Go ahead for revised Canada Water Masterplan.

Go ahead for revised Canada Water Masterplan.A revised version of the Canada Water Masterplan has been approved by the Deputy Mayor of London.
Changes by developers British Land and AustralianSuper will see an increase in height and massing of the residential buildings “in response to major regulatory changes and sector-wide cost and viability challenges.”
Levels of affordable housing hav…

£27bn RIS 3 roads reboot targets network renewal – Full list

£27bn RIS 3 roads reboot targets network renewal – Full listThe government has finally confirmed schemes in its £27bn five-year roads programme to overhaul England’s ageing motorway and A-road network.
The new Road Investment Strategy 3 marks a pivot toward maintenance, renewal, and completing existing, rather than starting new, enhancement projects.
Just five big enhancement schemes ar…

Former ISG staff win redundancy legal claims

Former ISG staff win redundancy legal claimsNearly 1,700 former staff at collapsed contractor ISG have won legal claims against the company for failing to consult with them before they were made redundant.
The Employment Tribunal ruling has been shared with the Enquirer showing a victory for 1,687 ex-ISG staff.
The former employees have been successful in their Protective Award claims worth up to…

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