Former Carillion chief Richard Howson fined £237,000Former Carillion group chief executive Richard Howson has been fined £237,700 for his part in misleading statements issued by the failed contractor.
The fine from the FCA comes after Howson withdrew his challenge to the financial watchdog’s decision after a probe into Carillion’s 2018 collapse
He was originally fined £397,800 in 2022 but…
Graham clinches £286m Manchester student schemeContractor Graham has sealed the job to redevelop Cambridge Halls student campus for Manchester Metropolitan University.
The £286m project to create over 2,300 new student bedrooms is being delivered through a joint venture between the University and Unite Students.
The project includes the demolition of the existing 1990s-era accommodation and t…
Chippenham £50m town centre reset go-aheadDeveloper Acorn Property Group has secured planning approval to redevelop Chippenham’s ageing Emery Gate Shopping Centre with a £50 mixed-use riverside quarter of 225 homes.
The scheme, branded Chippenham Riverside and designed by HNW Architects, will strip out the inward-facing mall and replace it with a network of streets and public squares to…
Gateway 3 delays leave thousands of homes emptyThousands of completed flats are still sitting empty as developers face continued delays at the final Gateway 3 stage of the building safety approval process.
New FOI data obtained by legal firm Irwin Mitchell revealed 44 schemes remain undecided more than three months after submission, with the longest case waiting 550 days for approval.
Across…
Cheshire M&E specialist Gilks files administration noticeCheshire mechanical and electrical engineering contractor Gilks (Nantwich) has filed a notice of intention to appoint administrators.
Established over 60 years ago, the firm employs around 60 staff and last year delivered revenue of around £11m, down from £15m in the prior year.
Staff were first told the business was heading for…
Severfield facing strike action next weekMore than 100 workers are set to strike next week at the UK’s largest structural steelwork contractor Severfield.
Welders, platers and machine operators at the Lostock factory in Bolton will walk out after not being offered a pay rise by the firm which posted losses in its latest results.
More than 90% of GMB members voted in favour of strike action…
Leeds £1bn Eastgate Quarter vision moves up a gearLeeds’ £1bn Eastgate Quarter has shifted up a gear after the developer JV appointed its consultant line-up to crack on with the city’s last big inner-core regeneration site.
Leeds-based Khalbros and Torsion Group JV has appointed the professional team to shape the four-hectare mixed-use scheme stretching from Vicar Lane to Bridge Street and…
Morgan Sindall eyes bumper 2026 on record workloadMorgan Sindall has lined up another profit upgrade after its high-flying Fit Out arm roared into 2026 ahead of plan.
The group said trading momentum has accelerated since the turn of the year, putting 2026 on course to beat previous expectations.
A 17% jump in secured order book and preferred bidder work to £19.1bn has given the contractor its…
Funding agreed for £220m Paddington overstation jobThe joint venture between Helical and TfL’s property company Places for London has agreed a £220m development financing facility with PIMCO Prime Real Estate for the Paddington Over Station Development.
The deal will allow main construction to start on the Grimshaw designed scheme which will see 235,000 sq ft new‑build office development…
Salford set for record £525m wastewater resetCostain, Jacobs, Murphy, MWH, Mott MacDonald Bentley and VolkerStevin are gearing up to deliver the biggest ever overhaul of Salford’s sewer network under United Utilities’ new AMP8 enterprise model.
The integrated team will spearhead a £525m programme to modernise wastewater assets across the city over the next five years – slashing storm…