Construction news

• Transport minister signals HS2 will run to Euston

  08-10-2024 16:28
  
  The Government has dropped its biggest hint yet that it will fund the HS2 line to Euston as originally planned.
  Transport secretary Louise Haigh signalled she was minded to drop the previous Government’s money-saving plan that will see the line stop at Old Oak Common in North London pending a privately funded solution being found for the final tunnel drive and Euston HS2 Terminus build.
  In an interview with Times Radio, the Transport Secretary today said “Look we’ve said before
  
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• M&E firm goes under after more than 70 years in business

  08-10-2024 16:19
  
  HBS Group Southern has gone into administration after more than 70 years in business.
  The Hampshire based M&E specialist has been trading since 1950 but is now in the hands of administrators.
  Latest accounts for the year to March 31 2023 show a turnover of £15.5m generating a pre-tax loss of £1.1m with the company employing 75 staff.In the accounts the directors mentioned “a number of emerging smaller subcontractors with significantly smaller overheads, who were able to sub
  
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• £9bn Lower Thames Crossing decision delayed 7 months

  08-10-2024 15:38
  
  The Government has once again delayed its decision on whether to award development consent for the £9bn Lower Thames Crossing project.
  Transport secretary Louise Haigh was due to make a decision on planning by 4 October, after former transport secretary Mark Harper delayed the decision set for June.
  Haigh said the delay was “to allow more time for the application to be considered further, including any decisions made as part of the spending review”.But the latest delay will fue
  
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• Trio of big names win £600m biscuit factory revamp

  08-10-2024 14:38
  
  Developer Greystar has appointed McLaren, McAleer & Rushe and Sisk to deliver four key buildings as part of the £600m Bermondsey Project to transform a former biscuit factory site into 1,624 new homes for rent in South London.
  The breakdown for the contract awards is:McAleer & Rushe will handle the construction of both Buildings 1-5, which will deliver 359 homes split between market and intermediate rent, and Building DE, a 20-storey tower with 225 homes alongside a four-storey off
  
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• Merit to build £30m modular NHS medicines centre

  08-10-2024 09:02
  
  Local offsite specialist Merit has been appointed to design and fit-out a £30m NHS Medicines Manufacturing Centre in Northumberland.
  The new centre will be hosted by Northumbria Healthcare NHS Foundation Trust at its Manufacturing & Innovation Hub in Seaton Delaval.
  Works to manufacture the offsite components of the build have now begun in Merit’s Cramlington-based factory.The Medicines Manufacturing Centre will produce chemotherapy treatments for patients and will serve the Nort
  
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• ISG administrator tells subbies no funds to pay debts

  08-10-2024 08:55
  
  Administrators handling collapsed contractor ISG are warning subcontractors and suppliers there will be insufficient funds left to pay any of the cash owed to them.
  In letters to trade creditors, administrator EY confirmed that no further work would be carried out during the administration on existing contracts, including projects for Construction, Fit Out and Engineering services businesses.
  It said: “The companies are being wound down under our supervision while we conduct an investigati
  
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• Mapping experts take control of buried pipes register

  08-10-2024 08:42
  
  The Ordnance Survey has been confirmed as the future operator of the National Underground Asset Register (NUAR).
  The register provides information about buried water, gas, electricity and telecommunications pipes and cables.
  Currently contractors must contact multiple organisations and wait on average over six days just to get the information they need about underground services.With NUAR, they can get that information instantly allowing planners and excavators to carry out their work effectivel
  
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• Giga factory powers McAlpine to top of contracts league

  08-10-2024 08:39
  
  Sir Robert McAlpine powered its way to the top of the September’s contracts league with a £500m deral to build a massive battery cell manufacturing facility in Somerset for Agratas.
  This project is set to be one of the biggest of its kind and by the early 2030s will contribute almost half of the projected battery manufacturing capacity required for the automotive sector, supercharging Britain’s transition to electric mobility.Top 10 contractors by worked confirmed in September
  
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• Vistry issues profit warning over build out costs at southern division

  08-10-2024 08:36
  
  Vistry has issued a profit warning after discovering that build costs on nine schemes at its southern division have been under-estimated by around 10%
  This morning in a trading statement the firm said the impact was limited to nine schemes including some large developments out of 46 schemes being built by the southern division.
  Vistry said it has now launched a full investigation into the cause and changes had been made to the Southern division management team.In the statement, the partnerships
  
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