Construction news

• Andy Milner to return as chief executive of Amey

  09-12-2022 14:30 via constructionenquirer.com
  Andy Milner is to return as chief executive of Amey under the contractor’s new private equity owners Buckthorn and OEP.
  The transfer of ownership from Spanish owner Ferrovial is expected to conclude in the coming weeks when Milner will take up the reins again.
  Prior to his appointment, Milner has been working with Buckthorn and OEP in support of our acquisition of Amey.The deal is worth £400m for the Amey infrastructure services and consulting business, which employs 11,000 people an
  
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• AFI fleet investment hits £20m this year

  09-12-2022 10:47 via constructionenquirer.com
  Rental specialist AFI has invested more than £20m this year to increase the range and nationwide availability of its popular rental MEWPs
  The investment has accelerated its transition to energy-efficient electric and hybrid machines by expanding the availability of specialist and all-electric MEWPs.
  Nick Higgins, COO of AFI group of companies, said:  “In response to UK market demand, 2022 has been a year of significant investment by AFI across our entire fleet of powered access
  
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• Competition concerns about rail signalling takeover

  09-12-2022 09:11 via constructionenquirer.com
  The UK competition watchdog has warned that Hitachi Rail’s €1.7bn planned takeover of rival rail signalling giant Thales’ Ground Transportation Systems could lead to higher fares for passengers.
  The Competition and Markets Authority said it was concerned that the deal will reduce much-needed additional competition for rail signalling supply just as major contracts are coming up for tender.
  On HS2, the firms make up two of the four shortlisted bidders for the £540m job to d
  
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• Berkeley to slow down investment as sales rates fall

  09-12-2022 08:49 via constructionenquirer.com
  Berkeley Group is looking to slow down development over the next two years amid economic uncertainty.
  The house building giant highlighted its updated strategy in its half-year report to the City today.
  Chief executive Rob Perrins said: “In the near-term, Berkeley will focus on matching production on existing sites to demand and delivering its forward sales over the period to 30 April 2025.
  “Beyond this, the current operating environment, characterised by record levels of planning ta
  
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• Green light for UK’s first carbon capture power station

  09-12-2022 08:44 via constructionenquirer.com
  Keadby 3 Carbon Capture Power Station in the Humber has become the UK’s first carbon capture and storage project to receive planning permission.
  The Government granted development consent yesterday to plans to build a 910MW combined cycle gas turbine power station, with carbon capture and compression plant.
  The scheme will see a total investment of around £2.2bn.The plant would also be linked to the shared CO2 and hydrogen pipelines being developed as part of the Zero Carbon Humber a
  
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• Plans go in for 250,000 sq ft York mixed-use scheme

  09-12-2022 08:03 via constructionenquirer.com
  Local York developer Helmsley Group has submitted plans for a major mixed-use regeneration project in the heart of the city.
  Proposals for the Coney Street Riverside scheme include the creation of 250,000 sq ft of mixed-use retail, leisure, commercial, and residential space and a riverside walkway.
  The developer aims to repurpose previously underutilised vacant upper floors for residential and commercial use, and new build elements providing additional student accommodation.Max Reeves, developme
  
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• Plans lodged for Manchester student tower and offices

  09-12-2022 01:42 via constructionenquirer.com
  Joint venture developers Whitbread and Dominvs Group have submitted plans for a £250m office and student rooms scheme at One Medlock Street in Manchester.
  Forming part of the City’s Southern Gateway, proposals will require demolition of an existing five-storey Premier Inn hotel and the introduction of 36,000 sq m of flexible office space.
  Adjoining the office building will be a 37-storey tower of over 1,000 student rooms. Jon Matthews Architects designed the two tall buildings, while
  
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