Construction news

• Liverpool’s new stand not ready for start of season

  26-07-2023 17:54 via constructionenquirer.com
  
  Liverpool’s new Anfield Road Stand will not be ready for the first home game of the season against Bournemouth on August 19.
  The club and main contractor Buckingham Group have confirmed the upper tier of the new stand will not be ready for supporters for the start of the season.
  Buckingham has been working on the £60m contract since September 2021 which will add an extra 7,000 seats.Work has seen see the lower tier retained and refurbished with a new upper tier built above it.
  Liverp
  
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• New home registrations nosedive 42%

  26-07-2023 12:00 via constructionenquirer.com
  
  Latest new home registration figures have pointed to the true extent of the slowdown in building activity as interest rates hit a 15-year high.
  All new home registrations plunged 42% in the second quarter compared to the same period last year, with completions falling by 11%. Private home registration collapsed by just over half on a year ago.
  A total of 38,044 new homes were registered with the National House Building Council in the months of April, May and June, compared to 65,645 in the secon
  
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• Five win spots on Places for People £104m deal

  26-07-2023 09:13 via constructionenquirer.com
  
  Housing group Places for People has picked five contractors for a new four-year major works programme to upgrade thousands of homes across England and Scotland.
  The regional winners are:Bell Group (Scotland)
  Connolly Limited (North West of England)
  Wates (North East and central)
  MD Group (South West)
  Novus Property Solutions (South East)Places for People’s Mark Arnold said: “We call ourselves the UK’s leading social enterprise, and our new major works investment programme and c
  
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• Van Elle hits record revenue as margins up to 3.9%

  26-07-2023 09:06 via constructionenquirer.com
  
  Ground engineering specialist has ridden out market headwinds to deliver record revenue up 19% to £149m and stronger margins at 3.9%.
  Despite materials and labour inflationary pressures, delays to highways works and the housing market slown down, the piling specialist increased pre-tax profit in the year to April 2023 to £5.3m from £3.6m previously.
  Mark Cutler, Chief Executive, said: “The actions taken over the last three years are starting to deliver sustainable results
  
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• Haydon Mechanical & Electrical files administration notice

  26-07-2023 08:36 via constructionenquirer.com
  
  Haydon Mechanical & Electrical has filed a notice of intention to appoint an administrator.
  Latest results for the London based M&E specialist show it had a turnover of £66.2m for the year to December 31 2021 generating a pre-tax loss of £6.2m.
  Haydon entered a Corporate Voluntary Arrangement with its creditors in August 2022 following cash flow pressures.The CVA deal was designed to distribute at least £7.2m to creditors at the rate of £200,000 a month starting i
  
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• Haydon M&E files administration notice

  26-07-2023 08:36 via constructionenquirer.com
  
  Haydon Mechanical & Electrical has filed a notice of intention to appoint an administrator.
  Latest results for the London based M&E specialist show it had a turnover of £66.2m for the year to December 31 2021 generating a pre-tax loss of £6.2m.
  Haydon entered a Corporate Voluntary Arrangement with its creditors in August 2022 following cash flow pressures.The CVA deal was designed to distribute at least £7.2m to creditors at the rate of £200,000 a month starting i
  
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• Severfield chief operations boss to exit

  26-07-2023 08:32 via constructionenquirer.com
  
  Severfield chief operations officer Ian Cochrane is leaving the steelwork contractor after 10 years on the board.
  This morning Severfield announced Cochrane would be leaving the firm at the end of September to pursue other interests.
  His role as COO will not be replaced with his duties re-assigned to other executive directors and members of the senior leadership team.Kevin Whiteman, non-executive chairman, said: “We would like to thank Ian for his contribution to Severfield.“Ian has
  
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• RG Group to start £100m Docklands tower job

  26-07-2023 08:08 via constructionenquirer.com
  
  Developer Olympian Homes will start site clearance in weeks on a 46 storey co-living homes tower on the Isle of Dogs in London Docklands.
  The developer is pressing ahead with the project after concluding a S106 deal that includes a £48m payment for Tower Hamlets Borough Council to spend on affordable housing.
  Once transacted, this will rank as the second largest of such contributions to have been paid in the UK.Contractor R G Group will deliver the skyscraper project, with main constructio
  
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• World’s largest battery energy storage park approved

  26-07-2023 07:51 via constructionenquirer.com
  
  Energy infrastructure developer Carlton Power has got the local planning green light to build what it claims will be the world’s largest battery energy storage scheme.
  The 1 GW energy storage scheme will be built at the Trafford Low Carbon Energy Park in Greater Manchester, which was until 1991 the site of the Carrington coal-fired power station.
  Subject to a final investment decision, construction of the £750m battery storage scheme is expected to begin in the first quarter of
  
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