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Construction

Sypro renews software deal with Transport for Wales

Sypro renews software deal with Transport for WalesSoftware specialist Sypro has renewed its longstanding partnership with Transport for Wales (TfW).
Now entering its third term, the four-year agreement will see TfW using Sypro’s contract management software – a project oversight and collaboration hub designed to streamline contract management in real time – in support of its Nationa…

Rolls-Royce wins race to build UK’s first small modular reactor

Rolls-Royce wins race to build UK’s first small modular reactorRolls-Royce SMR has been named preferred bidder to build the UK’s first fleet of small modular nuclear reactors.
The deal with publicly-owned Great British Energy – Nuclear comes after a two-year selection process and will see the creation of a new development company to bring the reactors to market, pending final government…

Founder retakes the reins in Reds10 leadership shake-up

Founder retakes the reins in Reds10 leadership shake-upReds10 has unveiled a major leadership shake-up as founder and chairman Paul Ruddick returns to take day-to-day control of the business and chief executive Matt Bennion steps aside to lead the group’s AI-driven tech arm.
The offsite specialist has promoted Phil Cook, Joe Shepherd and Ryan Geldard to managing directors of its Defence, Public…

Sizewell C powers up as Government commits £14bn funding

Sizewell C powers up as Government commits £14bn fundingThe Government is set to sign off a £14.2bn investment to build the Sizewell C nuclear power station, ending years of delay and paving the way for 10,000 construction jobs and supply chain opportunities.
Chancellor Rachel Reeves will unveil the long-awaited funding boost at the GMB Congress today, ending years of uncertainty around t…

Plans in for 3,000-capacity TraffordCity ice arena

Plans in for 3,000-capacity TraffordCity ice arenaPlans have been lodged for a 3,000-capacity arena at TraffordCity in Manchester, aiming to bring a new ice rink and events venue to the city.
Developer ICITIES plans to build the TraffordCity Arena on the site of the former Soccer Dome.
Ice rink operator Planet Ice has signed a major pre-let to run the new arena — their 15th UK venue and…

Walker Modular wins pods deal at £90m Greystar site

Walker Modular wins pods deal at £90m Greystar siteWalker Modular has won the contract to deliver bathroom pods for Greystar’s £90m Triangle student accommodation development in Birmingham working alongside main contractor McAleer & Rushe.
The 836-bed scheme, located in Selly Oak, will offer a mix of studios and cluster bedrooms under the Greystar brand, along with a medical centre,…

Pre-pack deal rescues online building materials firm

Pre-pack deal rescues online building materials firmBuilding materials distributor Lords has acquired its online-only rival CMO in a pre-pack administration deal for £1.8m
The £71m-turnover CMO business was founded in 2008 as Construction Materials Online but was forced to delist from the AIM market in March as it searched for additional funding.
Lords has now acquired its assets and 120…

Laing O’Rourke wins £920m animal health super-lab job

Laing O’Rourke wins £920m animal health super-lab jobLaing O’Rourke has secured the £920m main works contract to deliver an animal diseases super-lab at the government’s flagship Weybridge biosecurity campus in Surrey.
The job, awarded by the Department for Environment, Food & Rural Affairs, will see O’Rourke take the project, consisting of two main buildings, through detailed design…

Scotland eyes £3bn cladding fix as levy targets house builders

Scotland eyes £3bn cladding fix as levy targets house buildersThe cost of fixing unsafe cladding on homes across Scotland could hit £3.1bn, according to new government estimates.
Ministers have published the Building Safety Levy (Scotland) Bill, which proposes a tax on certain new residential developments to raise £30m a year towards the vast remediation programme.
Latest figures reveal up to…

Amey profit jumps 31% as £7.8bn pipeline fuels growth plans

Amey profit jumps 31% as £7.8bn pipeline fuels growth plansAmey has bounced back with a sharp rise in pre-tax profit to £127m last year, up 31% from £87m, as it capitalised on strong public sector demand and new framework wins.
The engineering and infrastructure group said it had now fully completed its carve-out from Ferrovial and restructured its capital with a £125m revolving credit…

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