Issue : 2 March 2018
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The past 12 months have seen a number of forces begin to tackle construction’s unacceptable levels of productivity.
It’s been a week of Carillion revelations and company results, alongside Crossrail budget woes and offsite sell-offs – here are the big numbers behind the headlines.
Will 2018 be the year of build-to-rent?Subscription
In the year since the housing white paper was published, emphasis has been placed on the need to diversify the UK’s housing market – including encouraging further investment in build-to-rent developments.
Construction News digital edition – 2 March 2018Subscription
Laing O’Rourke-Canary Wharf Contractors JV exits the battle for £1.65bn HS2 Euston redevelopment as Lendlease wins master-development role; Ex-employee slams ‘culture of late payment’ at Interserve: Separate subcontractors allege similar stories of delay tactics; Special Report: Network Rail infrastructure includes 5 high-profile projects for CP6 as well as ways the rail client can unlock private funding.
Construction starts were 7 per cent lower in the three months to February thank the same period 12 months ago, construction intelligence provider Glenigan.
Accountancy firm EY warned Carillion’s board that there was a “lack of financial transparency” and “significant operational errors” on big contracts back in August, MPs’ joint inquiry has revealed.
Exclusive: Laing O’Rourke is poised to take over from Carillion as the main contractor on the Royal Liverpool Hospital job, Construction News understands.
Calling all men: Do women have an ally in you? Subscription
London’s Sofitel Hotel played host this morning to the first workshop for CN’s Inspire Me campaign, which aims to encourage and support women into industry leadership roles.
Network Rail’s chief executive has said it has received interest from around 250 individuals and organisations over buying parts or all of the rail body’s commercial property.
Costain’s energy and water business returned to profit in 2017 as the company exited its problem Manchester waste PFI contract.