Construction news

• HG Construction wins 37-storey Manchester student tower

  09-07-2024 16:02 via constructionenquirer.com
  
  HG Construction has been named as the main contractor on a major new Manchester student accommodation scheme for developer Greystar.
  One Medlock Street will contain 1,014 high quality student rooms in buildings rising-up to 37-storeys.
  The scheme will deliver 13,000 sq ft of resident amenities including a gym, yoga studio, quiet study areas, meeting spaces, screening rooms, shared lounges and games rooms.The development will incorporate sustainability features including a green living roof, sola
  
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• Skanska UK construction restates 2022 profit down £30m

  09-07-2024 09:22 via constructionenquirer.com
  
  Skanska’s UK construction business saw operating profit slump to £6.3m last year on turnover that remained stable at £1.3bn.
  The firm also restated its previous financial performance in 2022, originally reported as a £55m pre-tax profit. This has now been cut by £30m to £24m in 2022.
  Skanska said the adjustment was required after the estimated costs to complete several contracts had to be revised.
  Operating margins were squeezed to 0.5% in 2023, down from the
  
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• Vistry on track for 10% profit rise after subcontractor cost cuts

  09-07-2024 08:56 via constructionenquirer.com
  
  Vistry is on track to make a 10% increase in profits this year after asking subcontractors for a 10% discount on prices.
  The house building giant asked its supply chain for cost reductions last October .
  In a trading update today on the first six months of 2024 Vistry said adjusted operating profit is expected to be up 10% on prior to £227m from £206.7m last time.Total housing completions during the first half of this year were also up 7% to 7,750 homes.
  The update said: “The G
  
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• Rayner rescues plans for two giant data centres

  09-07-2024 08:33 via constructionenquirer.com
  
  Deputy Prime Minister Angela Rayner has ordered planners to have another look at two giant data centre schemes stuck in the planning system.
  Her colleague Chancellor Rachel Reeves said: “The Deputy Prime Minister has said that when she intervenes in the economic planning system, the benefit of development will be a central consideration and that she will not hesitate to review an application where the potential gain for the regional and national economies warrant it.
  “And I welcome h
  
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• Work to start on £100m Staffordshire Uni student village

  09-07-2024 08:31 via constructionenquirer.com
  
  Willmott Dixon will be the construction delivery partner for Staffordshire University’s new student village to be built on its main Stoke-on-Trent campus.
  The development received planning permission in March and Willmott Dixon is set to start on site imminently.
  The contractor has been appointed by design, build, finance and operate consortium Staffordshire Campus Living for an improved student residential offering as part of the scheme.
  Staffordshire Campus Living is formed by Hochtief P
  
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• Driver crushed by concrete blocks on housing site

  09-07-2024 08:11 via constructionenquirer.com
  
  A house builder has been fined more than £300,000 after a driver was crushed to death by falling concrete blocks at a construction site in South Lanarkshire.
  Conor Joseph Morgan had been delivering materials to a site in High Blantrye being operated by Avant Homes (Scotland) Limited when the incident happened on 19 April 2017.
  The 45-year-old, who was employed as a HGV driver for Regen Waste Limited, was crushed as the concrete blocks were being unloaded from the articulated flatbed traile
  
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