WSP to buy RicardoConsulting giant WSP has struck a £281m deal to acquire London-listed rival Ricardo.
Ricardo has headquarters in the UK and operates across 20 countries employing 2,700 staff.
The firm has been undergoing a restructuring to concentrate on its environment and energy and rail business and WSP said its more niche Automotive and Industrial and Performance Products divison is…
TClarke jumps to top of M&E firms rankingsTClarke has stormed to the top of the M&E contractor rankings after reporting bumper revenue fuelled by data centre work.
The top 30 M&E contractors delivered a strong year of growth last year, collectively raising revenue by 27% to £6.3bn.
Figures collected by consultant GHCS and sector trade body BESA reveal a sector quietly transforming itself to…
JRL plans Sutton 12-storey office to co-living revampJRL Group has teamed up with Halcyon Development Partners to transform a vacant 12-storey office block in Sutton town centre into a 359-unit co-living scheme.
The St Nicholas House plan will see the outdated office block repurposed and raised to 15-floors under a major retention strategy aimed at cutting carbon emissions.
The move supports…
Plan to double affordable homes spend at centre of spending reviewChancellor Rachel Reeves will today unveil the biggest investment in social and affordable housing in a generation, with £39bn earmarked over the next decade.
The new Affordable Homes Programme will form the centrepiece of the Spending Review, delivering long-term certainty for developers and doubling current investment…
Lindum lands £44m automation centre contractAshfield District Council has appointed Lindum Group as main contractor for the £44m Automated Distribution and Manufacturing Centre (ADMC).
The national centre of excellence for automation will be the flagship building on the wider £100m Ashfield Innovation and Technology Park on Lowmoor Road, Sutton-in-Ashfield.
Construction will start this summer…
Esh seals £160m sewer repairs deal with Northumbrian WaterEsh Construction has been confirmed as the sole contractor for Northumbrian Water’s £160m Wastewater Networks Framework.
The eight-year deal is worth up to £20m a year and covers planned and emergency maintenance across the utility’s sewer network, delivered 24/7 year-round.
It cements a 25-year relationship between Esh and…
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 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-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 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…