A9 dualling switches to £1.9bn framework modelThe Scottish Government is switching to a framework-led approach to deliver the final five contracts on the A9 dualling programme, ditching the previous project-by-project tender model.
Transport Scotland will start market engagement next month ahead of inviting bids in March for places on a four-year A9 Dualling Delivery Framework Agreement,…
Heathrow kicks off third runway pre-planning design workHeathrow Airport has approved funding to begin work on a planning application for its long-planned third runway.
The decision clears the way for detailed planning work as the airport works towards securing consent by 2029.
Heathrow said expansion remains the Government’s flagship growth scheme, unlocking billions of pounds of privately…
Midlands civils firm Caldwell Construction files administration noticeStoke-on-Trent groundworks and civils contractor Caldwell Construction has filed a notice of intention to appoint administrators as it scrambles to find a buyer and fend off creditors.
Industry sources said the £60m turnover firm has written to subcontractors and staff warning it is fighting for survival while talks continu…
Henry creditors payout hangs on £31m family legal fightTrade contractors left nursing heavy losses after the collapse of Henry Construction Projects may get a payout if administrators win a series of high-stakes legal claims against the firm’s former directors and family members.
Joint administrators David Hudson and Geoffrey Rowley of FRP Advisory said there could be enough money to pay a…
Ex-directors buy back Boutique Modern in £24k pre-pack dealTwo former directors of collapsed East Sussex modular housing specialist Boutique Modern have agreed a pre-pack rescue deal with administrators that see parts of the business continue trading under a new name.
The pair paid £24,000 upfront and have also committed to paying between 0.5% and 1% of the remaining contract value on any…
Autumn Budget jitters knock construction output backConstruction output has slumped sharply, with industry activity hit by uncertainty in the run-up to the Autumn Budget.
Latest Government figures show total construction output fell by 1.1% in the three months to November 2025 – the steepest quarterly decline since March 2023, when output dropped by 1.4%.
Both sides of the industry were dragged…
Industry standards body racks-up huge lossLatest accounts from the Considerate Constructors Scheme show the industry standards body has suffered large losses.
Accounts for the year to December 31 2024 show a pre-tax loss of £769,000 from a profit of £165,000 last time as turnover rose to £5.9m from £5.3m.
During the period covered by the latest filings Amit Oberoi was Executive Chairman of…
Vistry saved by second half margin rebound to 8.4%Partnership homes specialist Vistry has delivered a resilient full-year performance after a strong second half margin rebound helped offset weaker housing volumes and flat revenues.
In a trading update this morning, the firm said adjusted pre-tax profit for the year to December 2025 was expected to come in at around £270m, up from £264m last…
Treasury unlocks £1.1bn to revive Northern Powerhouse RailThe government has finally moved to drag the Northern Powerhouse Rail mega-scheme out of limbo, committing fresh cash and promising tighter cost control after years of drift and delay.
Ministers will today pledge to keep the Northern east–west rail programme within a hard £45bn funding envelope, in a bid to avoid the spiralling…
McLaren takes 256-bed Leeds student tower jobLocal developer Pullans has secured planning approval and appointed McLaren Construction as main contractor for a 14-storey student tower at Joseph’s Well former factory site in Leeds city centre.
Full consent has been granted for the major new purpose-built student accommodation scheme, marking the biggest transformation of the Joseph’s W…