Issue : 31 August 2018
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Mega-shed: CN100 specialists eye boomSubscription
Huge warehouse projects have helped certain contractors post big margins. So what are the secrets to this sub-sector and how much potential does it offer?
Crossrail delay: A hammer blow for constructionSubscription
Scattered across the Construction News desk at the moment are a number of oyster card holders.
The accusations this month that collapsed subcontractor Vaughan Engineering had been using Carillion’s liquidation as a ‘smokescreen’ to hide its own poor payment record will not surprise many in the industry.
Former National Infrastructure Commission boss Andrew Adonis has criticised the government for moving Sir Terry Morgan to HS2 from Crossrail amid looming delays to the £15.4bn London rail line.
Crossrail delay caused by fit-out setbacksSubscription
Delays to the fit-out of Crossrail’s new central stations and tunnels are behind the delivery body’s decision to push back the opening date for the line to autumn 2019.
HB Reavis appoints new chief executive Subscription
HB Reavis has appointed Steven Skinner as its new UK chief executive, a year after the departure of former CEO Tomas Jurdak.
Crossrail’s opening could be pushed back by almost a year as the scheme’s central section continues to struggle with rising costs and delays.
The opening of the central section of the £15.4bn Elizabeth line has been delayed until autumn 2019, nearly a year later than originally planned.
The C-word… help us investigateSubscription
A couple of months back, three identical letters arrived at the CN offices.
Amey acquires Carillion MoD deals Subscription
Amey has completed the acquisition of a set of Ministry of Defence housing maintenance contracts it had been delivering with Carillion before the contractor’s collapse.
Mace wins £200m UCL Olympic Park campus dealSubscription
Mace has landed a preconstruction deal to deliver the largest building on University College London’s new campus at the Queen Elizabeth Olympic Park.
The cost of a Derby road improvement scheme being delivered by Galliford Try has more than doubled since work started 10 months ago.
Engineering specialists have reported increases in materials and labour costs for the second quarter of 2018.
Mayor grants £288m for 4,700 affordable homesSubscription
Mayor of London Sadiq Khan will hand £288m to four housing associations to build an extra 4,705 affordable homes across the capital.
Profit at Bouygues’ group construction division fell 15 per cent in the first half of 2018, the firm’s latest results have revealed.
For the first time since the Victorian era, at times the UK’s electricity system is running without the use of any coal – sometimes for days.
Manchester-based McGoff Construction has appointed its first new female director in 45 years.
Ground engineering specialist Aspin has appointed ABC Electrification managing director Graeme Castle as its new chief executive.
In 212 days the UK will officially leave the European Union.
This week only: Get 20% off your CN Summit place Subscription
This week only you can claim 20 per cent off your ticket to the Construction News Summit, the two-day conference where the biggest UK clients will be setting out their plans for the future.
Grosvenor to triple size of land businessSubscription
Grosvenor has unveiled plans to triple the size of its strategic land business, with the company aiming to build 30,000 new homes in the next five years.
Balfour Beatty picked for £96m Scottish roadSubscription
Balfour Beatty has been chosen for the latest section of a £3bn dualling programme linking central and north-eastern Scotland.
EcoWorld London has agreed a £400m funding package for the development of more than 1,000 build-to-rent (BTR) properties in London.
Downing Construction has been appointed to deliver two student developments in London and Manchester worth a total of £140m.
Brentford FC's new stadium delayedSubscription
Brentford Football Club has pushed back the move-in date for its new stadium to the start of the 2020/21 season.
Ireland must build more than just bridgesSubscription
Property prices in Dublin have grown by almost 100 per cent since their post-crash low of 2012.
Transport Scotland launches £930m roads dealsSubscription
Transport Scotland has opened the bidding for two roads maintenance contracts worth a combined £930m.
Bidding launched for £1bn Welsh frameworkSubscription
Contractors are being sought for a new £1bn construction framework covering schools and public buildings in Wales.
Balfour Beatty has reaffirmed its pledge to cut work onsite 25 per cent by 2025 through the introduction offsite and modular techniques.
Government crackdown on phoenix firms revealedSubscription
Directors that establish phoenix companies to avoid paying workers or pensions could face “hefty” fines or disqualification, the government has announced.
Ireland: The land of opportunity?Subscription
Ireland’s construction industry halved in size when the global recession took hold in 2008. Now that the sector is recovering, Lucy Alderson assesses whether the opportunities for UK contractors outweigh the risks in this challenging market.
Race for £300m Mitsubishi tower down to threeSubscription
Exclusive: Three heavyweights are now left in the race to deliver a new £300m tower in central London.
Henry Boot reduced debt to £26m in the first half of 2018 from £62.2m a year earlier but has warned of longer lead times for construction contracts.
Bidding starts for £360m interconnector dealsSubscription
The company behind a new 205 km interconnector cable between Ireland and Wales has begun the search for contractors to build the €400m (£360m) scheme.
Balfour Beatty has won a preconstruction deal for the £65m programme to refurbish Edinburgh University’s Darwin Biology Tower.