Construction news

• Supply chain woes send Willmott Dixon to a loss

  08-07-2024 12:23 via constructionenquirer.com
  
  Willmott Dixon has reported a loss in its latest results as a string of supply chain insolvencies blew a hole in the books.
  The contractor made a pre-tax loss before exceptional items of £5.2m for the year to December 31 2023 compared to an £800,000 profit last time as turnover ticked-up to £1.172bn from £1.147bn.
  Operating losses increased to £7.5m from £15,000 last time.Chief executive Graham Dundas said: “We are confident of a swift return to profit i
  
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• Unite advances two major student schemes

  08-07-2024 08:43 via constructionenquirer.com
  
  Student rooms developer Unite is pressing ahead with two major schemes amid strong university demand.
  In a trading update this morning the developer revealed it has obtained resolution to grant planning for its £124m Central Quay development in Glasgow.
  With full planning consent expected for the 934-bed scheme in the coming months, Unite said it aimed to proceed to open for the 2027/28 academic year.Also its joint venture with Newcastle University has received consent to level the ex
  
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• Belgravia to convert Birkenhead office block

  08-07-2024 08:43 via constructionenquirer.com
  
  Developer Belgravia has acquired an office block in Birkenhead and plans to convert the building into 88 apartments.
  Belgravia has submitted a planning application for Hordan House with Baker & Morgan lined-up as main contractor for the £11m scheme.
  Christopher Howell, CEO at Belgravia: ‘We are delighted to add Hordan House to our growing residential portfolio.“We believe Birkenhead has huge potential and we are pleased to be a part of it.”
  
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• Reeves vows to “fix” planning system

  08-07-2024 08:30 via constructionenquirer.com
  
  Chancellor Rachel Reeves has unveiled plans to radically reform the planning system with a “new growth-focused approach.”
  House building targets will be reintroduced and the “absurd” ban on onshore wind farm developments revoked.
  Reeves also vowed to prioritise energy projects and create a new taskforce to accelerate stalled housing projects beginning with Liverpool Central Docks, Worcester Parkway, Northstowe and Langley Sutton Coldfield representing more than 14,000 hom
  
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• Rachel Reeves to unveil planning revolution

  08-07-2024 08:30 via constructionenquirer.com
  
  Chancellor Rachel Reeves is set to unveil major reforms of the planning system today and set house building targets as construction is placed at the forefront of kick-starting economic growth.
  New measures will also be unveiled to unblock infrastructure and private investment.
  Reeves will make her first major speech to business leaders today as she vows to “fix the foundations of Britain’s economy.”She is expected to say: “Our manifesto was clear: ‘Sustained economi
  
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