Construction news

• Firms called up for East London £1.3bn housing estates renewal

  07-10-2022 09:04 via constructionenquirer.com
  East London’s Barking and Dagenham council is calling up firms to bid for places on its ambitious estate renewal plans.
  The council is conducting several large estate regenerations that involve demolition of existing housing blocks and the construction of around 4,000 replacement homes, along with community and retail space and provision of enhanced public realm.
  The plans include the fourth phase of the 1960s Gascoigne estate transformation into a modern, environmentally friendly communit
  
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• Drop in domestic demand drags down Marshalls profit

  07-10-2022 08:34 via constructionenquirer.com
  Marshalls has seen a significant split in its business with building products powering ahead while demand from private customers softens.
  Group revenue for the nine months ended 30 September 2022 increased to £544m from £453m boosted by the £535m acquisition of roofing specialist Marley earlier this year.
  On a like-for-like basis group revenue growth was 4% with a positive performance at Marshalls Building Products and Marley partly offset by the continuation of tougher trading
  
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• London flyover needs £50m structural repairs

  07-10-2022 08:16 via constructionenquirer.com
  Safety critical weight restrictions have been imposed on a key flyover in London over the North Circular road after it was found to need extensive structural remedial works.
  Transport for London has revealed that safety checks uncovered structural weaknesses on the 190m long A41 Brent Cross flyover in Barnet.
  The roads body is now trying to secure £50m of funding from the Department of Transport to fund emergency remedial works after imposing a 7.5t maximum weight restriction on the dual c
  
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• FM Conway revenue soars to near £500m

  07-10-2022 07:22 via constructionenquirer.com
  Highway contractor FM Conway has celebrated its 60th year with a 40% hike in revenue to £478m.
  The growth was driven by both its acquisition of surfacing contractor Toppesfield in March 2021 and strong organic growth at the aggregate and asphalt business.
  But pre-tax profit performance slid to £17m in the year to April 2022 from £20m before.
  Toppesfield contributed £126m of revenue and £7.4m operating profit.
  Chief executive Adam Green said: “The group respond
  
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