Construction news

• Fire safety work plunges Countryside to £182m loss

  19-05-2022 09:06 via constructionenquirer.com
  
  Countryside Partnerships has suffered a £182m pre-tax loss in the first six months after booking major provisions to pay for building fire safety work.
  The reported loss includes a £109m provision for fire safety and £77m of impairments relating to the switch from a home developer to partnerships business.
  The revised remediation provision will take total spend to £150m on a programme involving 123 buildings constructed within the last 30 years, 11 of which are registered
  
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• Demolition work imminent on half-built Taylor Wimpey flats

  19-05-2022 08:26 via constructionenquirer.com
  
  Demolition work is set to start this summer on a half built Taylor Wimpey development in east London hit by a “potential structural issue.”
  Local residents are up-in-arms over the site problems which will see the structure torn down and rebuilt after new construction work stopped on the £48m scheme last August.
  One told the Enquirer: “We have lived with this on our doorstep for more than two years and now they will have to knock it down and start again.“I witnessed
  
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• Contractors lift tender margins to 9% on bids in the Capital

  19-05-2022 08:16 via constructionenquirer.com
  
  Contractors working in the capital are raising their tender margins to 8-9% on building project bids.
  According to major client Landsec, which operates with a select list of contractors, tender margins have been raised by its main contractors to build in room for rampant material and labour inflation.
  Landsec chief executive Mark Allen said: “Our tier 1 contractors operate on an open book transparent basis to allow us to understand supply chain pricing.“So where a few years ago we wo
  
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• Site wages row looms as union dismisses “derisory” pay offer

  19-05-2022 08:08 via constructionenquirer.com
  
  Construction unions and contractors are at loggerheads over money following a “derisory” pay offer for more than 500,000 site workers.
  The unions launched an increased claim of 10% under the Construction Industry Joint Council (CIJC) pay agreement earlier this year.
  But employers have responded with an offer of less than 4% which has sparked anger among the unions as the country struggles with the cost of living crisis and soaring inflation rates.Charlotte Childs, GMB National Office
  
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• Fusion wins Manchester high rise student block appeal

  19-05-2022 08:03 via constructionenquirer.com
  
  Student accommodation developer Fusion has won its appeal to overturn refusal for a 28-storey block next to Renaker’s Deansgate cluster of high rises in Manchester.
  Corstorphine + Wright Architects designed the triangular floorplate tower
  City planners turned down the £40m scheme last June arguing the developer has failed to demonstrate sufficient demand for the block which was over obtrusive.
  The triangular building will provide for 534 student rooms offering a rooftop terrace on th
  
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