Issue : 12 January 2018
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A shortage of one crucial resource threatens growth worldwide.
Construction companies appear set for a positive start to 2018 following a steady recovery in new work towards the end of last year, according to latest data from the IHS Markit / CIPS Purchasing Managers Index.
Figures behind the headlines on another housing minister, Interserve’s debt, and McMullen’s acquisition.
Sir Robert McAlpine is British Land’s sole contractor on the £1bn upgrade of London’s Broadgate Campus. So just what is SRM doing to instil so much faith in its client?
‘Left in the dark’: McMullen creditors speak outSubscription
Subcontractors hit by the administration of McMullen Facades have told Construction News they have been “left in the dark”, with some of the affected businesses now at risk of collapse.
A legal dispute over Laing O’Rourke’s CAD$2.1bn problem hospital job in Canada has been settled with the client handing over CAD$125m to cover the cost of delays to the scheme, it has emerged.
Tarmac: Paving the road aheadSubscription
“Well, I didn’t see that coming.”
The government has confirmed that Carillion’s Whitehall ‘minder’ left a month after the contractor’s July profit warning and was not replaced for a further three months.
The Welsh government has promised “a substantial investment” towards the construction of the Swansea Bay Tidal Lagoon in a bid to kickstart work on the much-delayed energy scheme.
Construction will be the worst affected major industry following Brexit, according to a study commissioned by mayor of London Sadiq Khan.