Construction news

• Pothole repair and new roads costs soars over 20%

  30-08-2022 17:50 via constructionenquirer.com
  Councils are warning they could be forced to halt planned road projects in order to prioritise road maintenance as spiralling inflation eats away at budgets.
  Local councils are reporting that pothole repair and new road costs have spiralled by 21% and 22% respectively in the last six months. While the cost of running and repairing street lights has spiralled 38%
  New analysis by the Local Government Association and the Association for Directors of Environment, Economy, Planning and Transport (ADE
  
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• Pothole repair and new road costs soar over 20%

  30-08-2022 17:50 via constructionenquirer.com
  Councils are warning they could be forced to halt planned road projects in order to prioritise road maintenance as spiralling inflation eats away at budgets.
  Local councils are reporting that pothole repair and new road costs have spiralled by 21% and 22% respectively in the last six months. While the cost of running and repairing street lights has spiralled 38%
  New analysis by the Local Government Association and the Association for Directors of Environment, Economy, Planning and Transport (ADE
  
  Read more

• Private equity snaps up construction testing specialist

  30-08-2022 16:54 via constructionenquirer.com
  After a string of bolt-on acquisitions, Leicestershire-based geotechincal, testing and monitoring specialist CTS has itself been snapped up by a private equity investor.
  Oakley Capital has bought CTS Group as part of a wider ambition to create a major player in the global testing, inspection, certification, and compliance market.
  In parallel with the deal, Oakley is also financing testing, inspection, certification, and compliance group Phenna in a deal valuing the business at £1bn.CTS wil
  
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• Work begins on first £5bn Project Gigabit major hook-up

  30-08-2022 09:11 via constructionenquirer.com
  The Government has signed off on the first major contract under £5bn Project Gigabit – the biggest broadband roll out in British history.
  The signing of a £6m contract with Wessex Internet will see rural towns, villages and hamlets across the region from Sherborne to Verwood and Shaftesbury to Blandford Forum hooked up to super-fast broadband.
  Wessex Internet and the local authority will now begin planning the construction of the gigabit-capable network, with spades set to ente
  
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• Production plans pushed back at £300m gigaplant

  30-08-2022 08:51 via constructionenquirer.com
  Electric vehicle battery startup Britishvolt has pushed back production plans at its Northumberland plant.
  ISG is main contractor on the £300m project where construction work was paused earlier this month.
  ISG and its client said that works at the site were ahead of schedule and the pause would allow the project team to focus on finalising designs for the main phases.Now Britishvolt former CEO Orral Nadjari has told the Financial Times that “the main facility will be delayed slightly
  
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• 900-home Warrington town centre scheme approved

  30-08-2022 08:42 via constructionenquirer.com
  Outline plans to build up to 900 homes in Warrington town centre have been approved by the city council.
  The scheme consisting of six blocks up to 12-floors high is being brought forward by Warrington & Co, the council’s regeneration arm, and developer Altered Space. 
  Up to 215,000 sq ft of office and 11,000 sq ft of leisure and retail as well as a hotel is also planned for the site around Scotland Road.
  The proposal involves the demolition of the current Cockhedge Shopping Park a
  
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• London’s largest estate regen scheme forges ahead

  30-08-2022 08:41 via constructionenquirer.com
  Outline plans for the £1bn of regeneration of East London’s Carpenter Estate have finally advanced after decades of waiting.
  London Newham Council’s wholly owned housing delivery company, Populo Living has submitted plans for what or the capital’s largest and most ambitious estate restoration and regeneration scheme.
  Plan for 23-acre site owned by Newham Council in the heart of Stratford
  The ambitious estate rebuild will deliver over 2,000 sustainable homes with half at s
  
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• Cheetham Hill Construction helps staff with cost of living

  30-08-2022 08:05 via constructionenquirer.com
  Bury based Cheetham Hill Construction Ltd is giving all its 130 employees a payment of £1,000 to help offset the soaring cost of living and energy price rises.
  Managing Director Howard Chamberlain said: “We have a hardworking workforce, some of whom have been with us for over 25 years, and if we can help them offset some of these price rises, then we will.”
  Payments to all 130 employees will roll out from October 2022.Cheetham Hill Construction is the first contractor to public
  
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