Construction news

• Sunak details zero carbon targets climbdown

  20-09-2023 18:03 via constructionenquirer.com
  
  Prime Minister Rishi Sunak has detailed his plans to roll back targets to get the UK to net zero in 2050.
  His plan to water down green targets include:Proposed ban on diesel and petrol cars by 2030 delayed to 2035. People still allowed to buy secondhand cars after that date.
  “Far more time” to transition from gas boilers to heat pumps. Householders will only be required to switch when they are due to change their boiler, even then not until 2035. New exemption not to switch to heat p
  
  Read more

• Springfield switches strategy as private housing slumps

  20-09-2023 16:58 via constructionenquirer.com
  
  Scottish house builder Springfield Properties is halting work on speculative private housing sites as demand droops.
  The move is a shift from this time last year when Springfield decided to focus on private starts and put all future affordable housing and build to rent schemes on hold due to rising costs and the Scottish Government’s plan to freeze rents in the face of the cost of living crisis.
  Springfield is now back in the affordable homes market which it says has “strong cash flo
  
  Read more

• Three giant lab buildings approved at £700m Oxford R&D district

  20-09-2023 13:11 via constructionenquirer.com
  
  Detailed designs for three major laboratory and office buildings totalling 458,100 sq ft have been approved by Oxford City Council planners.
  The three projects will be built as phase 2 of the £700m Oxford North life sciences innovation district being developed in joint venture by Thomas White Oxford, the development company of St John’s College, with Cadillac Fairview and Stanhope.
  Plans for the 64-acre Oxford North scheme being advanced by St John College’s development company
  
  Read more

• Galliford Try forecasts profit to double next year

  20-09-2023 09:16 via constructionenquirer.com
  Galliford Try is raising profit expectation for 2024 on the back on strong results for this year and strong orders ahead.
  Bill Hocking, Chief Executive, said the firm had secured 75% of next year’s revenue and expected an improved performance across both building and infrastructure divisions.
  “We are encouraged that the momentum in the business has carried into the first quarter of the new financial year and our expectations for the full year to June 2024 have now increased.”
  M
  
  Read more

• Advertisement

• RG Group to build tallest student block in the world

  20-09-2023 08:56 via constructionenquirer.com
  
  RG Group has won a 45-storey student accommodation scheme in Leeds.
  Developer Olympian Homes and investor Cain International said the 191 metre Cirrus Point scheme will be “the tallest PBSA building in the world and the tallest building in Leeds.”
  Demolition is now complete at the Merrion Way site allowing main construction to start by RG on the 660-bed project which is due for completion in 2026.Comfirmation of RG as main contractor came as Cain International completed a £500m
  
  Read more

• GMI to build tallest student block in the world

  20-09-2023 08:56 via constructionenquirer.com
  
  GMI has won a 45-storey student accommodation scheme in Leeds.
  Developer Olympian Homes and investor Cain International said the Cirrus Point scheme will be “the tallest PBSA building in the world and the tallest building in Leeds.”
  Demolition is now complete at the Merrion Way site allowing main construction to start by GMI on the 660-bed project which is due for completion in 2026.Comfirmation of GMI as main contractor came as Cain International completed a £500m PBSA forward
  
  Read more

• Former Mid Group chief joins Tilbury Douglas

  20-09-2023 08:16 via constructionenquirer.com
  
  The former CEO of failed modular contractor Mid Group has joined Tilbury Douglas.
  Steven Hearn has been appointed regional director of the South East division.
  Hearn was a founder and CEO of Mid Group which went under last year with parent company Mid Holding Co UK Ltd owing suppliers an estimated £24m.Following Mid Group’s collapse Hearn’s LinkedIn profile shows he joined Legal & General Modular Homes as MMC Director.
  L&G halted production at its modular homes factory
  
  Read more

• Contractors raise pay offer to avert engineering construction strike

  20-09-2023 07:56 via constructionenquirer.com
  
  Engineering construction contractors have upped their final pay offer to head off a threatened national strike.
  Employers signed up to the National Agreement for the Engineering Construction Industry have come up with better offer of a 10% rate rise in January, followed by a 5% rise in 2025.
  It improves on the 8.5% and 3.5% final offer rejected by 92% of workers triggering plans for strike ballots among Unite and GMB union members.The agreement covers nearly 8,000 workers in the sector, with aro
  
  Read more

• Advertisement

Follow @new_constructio on Twitter!