Construction news

• Ringleaders jailed after £5m construction tax fraud

  15-06-2023 09:10
  
  The ringleaders of a gang who triggered Northern Ireland’s biggest ever tax fraud probe have been jailed thanks to secretly recorded conversations in a bugged accountant’s office.
  The decade-long investigation into the £5m construction  tax fraud ended this week with prison sentences issued to gang leaders 58-year-old Francis Devlin and 56-year-old Paul McStravick for a combined total of eight years.
  HM Revenue and Customs (HMRC) mounted its biggest ever operation in North
  
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• Downing gets go-ahead for Newcastle 411-bed student digs

  15-06-2023 08:55
  
  Property developer Downing has secured planning approval for a 411-bedroom student accommodation project in Newcastle.
  The 14-storey scheme, Heron’s Yard, located on Heber Street, will comprise a mixture of 294 studios and 117 shared cluster flats.
  Designed by architect SimsponHaugh, the Heron’s Yard project is the final phase of Downing Plaza, delivered over the last decade, comprising Newcastle University Business School, over 1,800 student bedrooms, a 183-room hotel, and extensive
  
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• 150 jobs axed as G Works Construction collapses

  15-06-2023 08:45
  
  Somerset-based civil engineering and groundwork specialist G Works Construction has fallen into administration.
  Administrators from EY Parthenon have laid off 150 staff from an overall workforce that exceeded 300 including self-employed operatives.
  The £28m turnover firm specialised in civils for commercial and large residential developments as well as industrial and retail buildings.
  It worked for many of the major contractors including BAM, Balfour Beatty, Kier and Sir Robert McAlpine an
  
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• Mace makes case for retrofit over demolition

  15-06-2023 08:22
  
  Mace is calling on the government to adopt a “retrofit first” strategy in planning policy in a bid to stop so many old building being demolished.
  The contractor has launched a new report – Transform & Renew – Making non-domestic buildings fit for a low carbon future – to promote the re-use and repurposing of existing non-domestic buildings.
  Among its 12 recommendations is a presumption in favour of redevelopment in UK planning policy.Others include providing mor
  
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• Direct delivery model continues to pay off for Murphy

  15-06-2023 08:20
  
  J. Murphy & Sons Limited has posted another set of strong financial results as its direct delivery model continues to pay off
  The engineering and construction firm now employs 3,688 staff rand relies primarily on in-house capabilities while minimising subcontractor involvement.
  Latest results for the year to 31 December 2022 show group revenue up to £1,491m from £1,274m last time generating £44.5m pre-tax profit from £61.6m last time.Net cash increased by 27% to &poun
  
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• Ilke Homes served up for offers over a £1

  15-06-2023 08:00
  
  Yorkshire-based modular house builder ilke Homes is being offered to potential buyers for bids of over £1.
  Backers of the loss-making ilke are understood to have approached three major house builders in an effort to attract further investment into the business.
  Those thought to have been approached include Barratt, Bellway and Taylor Wimpey.
  The firm revealed last Friday that work had been stopped on sites and its 250,000 sq ft factory in Knaresborough, North Yorkshire while a backer was b
  
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