Alun Griffiths set to rescue firm he sold for £36mThe founder of Welsh civil engineering contractor Alun Griffiths (Contractors) is understood to have bought back the firm he sold for £36m to Tarmac eight years ago.
Alun Griffiths, now 84, has teamed up with former directors Tim James and Simon Dunn to rescue the Abergavenny-based business after a troubled spell under CRH-owned Tarmac’s…
Landsec to pump £2bn into new house building driveDeveloper Landsec is ramping up plans to establish a £2bn residential platform by 2030 as it shifts investment focus away from London offices and into large-scale housing schemes in the capital and Manchester.
The property giant is preparing to start on site from late 2026 across a trio of major residential-led projects that will deliver mor…
Severfield to start steel on McAlpine car battery siteSeverfield is set to start on site with steelwork next month at Sir Robert McAlpine’s flagship £4bn Agratas gigafactory site in Somerset.
The order for the full structural steel package for the first phase of the mega-job has been signed with production now underway at Severfield’s Dalton site.
The firm will be supplying and fabricating…
Construction Manager of the Year crownedJason Hunt from Willmott Dixon has been named the Chartered Institute of Building’s Construction Manager of the Year.
Hunt was the driving force behind a major refurbishment of Bristol Beacon – the city’s largest concert hall.
His leadership inspired a team to complete the complex project in less than five years, navigating challenges including hollow…
Tide gets go-ahead for over 1,000-home London schemeVolumetric housing specialist Tide has bagged planning approval for a 1,051-home scheme near Bermondsey in London.
The revised scheme for Ilderton Road in Southwark ramps up affordable housing by 55% to 186 social rent units and boosts the co-living element from 605 to 865 homes.
Designed by architect tp bennett, the four-block development w…
Construction output flickers into life in MarchConstruction output rose 0.5% in March, driven by gains in new work and repair activity but overall growth for the first quarter of 2025 remained flat.
The March uptick followed a revised 0.2% rise in February and a 0.3% dip in January, leaving Q1 output level with the previous quarter. New work rose 0.9% over the period, while repair and maintenanc…
Skanska lifts margin to 4.3% as profit hits £78mSkanska UK bounced back to full profitability last year bouyed by strong margins at infrastructure and FM businesses.
This improvement more than offset lower returns from its building arm to almost triple pre-tax profit to £78m despite revenue slipping back to £1.27bn (2023: £1.33bn).
Operating profit roared back to £54.1m (2023: £6.3m) as…
Durkan dogged by legacy jobs despite return to trading profitSouth East housing contractor Durkan has clawed its way back to a trading profit but still ended the year deep in the red as legacy fire safety costs continue to bite.
The contractor posted an operating profit of £133,000 before exceptionals in the year to 30 November 2024, marking a turnaround from a £3.8m trading loss the year…
Barking build to rent towers face rebuildA £50m build to rent scheme in east London is facing a major rebuild after construction defects were discovered.
Building work on the blocks at Axe Street in Barking started in 2020 and was due to finish in 2022 but stalled near the completion phase.
Original developer Lindhill employed main contractor Shapoorji Pallonji UK Ltd to build the 170 apartment…
London new home starts plunge 38% as Building Safety Act bitesNew home registrations in London have slumped 38% as the capital becomes the only UK region to record a sharp fall in new housing starts.
The figures from warranty provider NHBC highlight how the new building safety regime is stalling high-rise projects in the capital, with developers facing delays under the new Gateway 2 approva…