• Profits dip at Stepnell ahead of demerger

    Profits dip at Stepnell ahead of demerger
    Stepnell has posted a rise in turnover but a drop in profits ahead of a demerger splitting the construction, property management and property investment elements of the business.
    Latest results at Stepnell Limited for the year to March 31 2024 show turnover up to £108.8m from £93.7m last time as pre-tax profits fell to £1.04m from £1.27m.
    The business, which operates regionally from offices in Nottingham, Rugby, Wantage, Bristol, Southampton and Poole, is looking to compl
  • 1,000-home Wolverhampton city centre scheme in for planning

    1,000-home Wolverhampton city centre scheme in for planning
    The ECF partnership between Homes England, Legal & General and Muse has submitted a hybrid planning application for a 1,000-home scheme in Wolverhampton city centre.
    In partnership with the city council, ECF has put forward detailed plans for phase one of City Centre West, which includes over 330 homes and retail space on disused land between Peel Street and Market Square.
    The submission also includes outline plans for the remaining phases of the 1,000 homes masterplan.As the local planning
  • Laing O’Rourke appoints new European MD

    Laing O’Rourke appoints new European MD
    Laing O’Rourke has appointed Peter Lyons as Managing Director for its European business.
    Lyons is currently leader of the company’s Specialist Trading Business Group (STBG), which comprises Expanded, Explore Manufacturing, Crown House Technologies, Select and Vetter.
    He has worked for Laing O’Rourke since 2002, when he joined the business as a graduate civil engineer.The Europe MD role has been an interim position since late 2022 when former incumbent Seamus French left the com
  • Laing O’Rourke appoints new European group MD

    Laing O’Rourke appoints new European group MD
    Laing O’Rourke has appointed Peter Lyons as Managing Director for its European business.
    Lyons is currently leader of the company’s Specialist Trading Business Group (STBG), which comprises Expanded, Explore Manufacturing, Crown House Technologies, Select and Vetter.
    He has worked for Laing O’Rourke since 2002, when he joined the business as a graduate civil engineer.The Europe MD role has been an interim position since late 2022 when former incumbent Seamus French left the com
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  • Sisk clinches £54m North London council HQ revamp

    Sisk clinches £54m North London council HQ revamp
    North London’s Haringey council has signed a £54m contract with Sisk to restore its iconic civic centre.
    Restoring the landmark building, currently closed due to safety issues discovered in 2020, was considered the best value option for the council’s accommodation needs.
    Despite an initial cost projection of £45m, the council stuck with Sisk, which signed a pre-construction service agreement in August.
    Designed by architect Hawkins\Brown, the project will provide the 66-y
  • Ofgem approves £2.5bn Eastern Green Link 1

    Ofgem approves £2.5bn Eastern Green Link 1
    Energy regulator Ofgem has given the green light the Eastern Green Link 1 project forming a key part of the UK’s new electricity superhighway for renewable power.
    A joint venture between National Grid Electricity Transmission and SP Energy Networks, the £2.5bn project will see the installation of a 196km, high voltage, subsea electricity cable between Torness in East Lothian, Scotland, and Hawthorn Pit in County Durham.
    Construction work is expected to begin on the Eastern Gree
  • BAM finalises £71m deal to replace first major RAAC school

    BAM finalises £71m deal to replace first major RAAC school
    BAM has finally agreed a £71m contract price with the Department for Education to cover the first major RAAC concrete school rebuild.
    St Leonards Catholic School in Durham will be rebuilt to the west of the school site, replacing the existing disused and RAAC-affected buildings once demolished.
    The 110,000 sq ft three-storey school will include sports, assembly and dining halls and a wide range of departments, including specialist teaching spaces for art, technology and music at ground flo
  • Anglian Water hunts for £1bn delivery partner

    Anglian Water hunts for £1bn delivery partner
    Anglian Water is planning to appoint a single programme delivery partner to support ambitious infrastructure spending plans over the next 15 years.
    The successful tenderer for the estimated £1bn framework deal will need to bring extensive experience in portfolio, programme and project management to deliver major complex infrastructure programmes.
    As well as existing water infrastructure upgrades, Anglian Water’s spending plans includes developing two new reservoirs and their associat
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  • Go-ahead for 860,000 sq ft East London medical campus

    Go-ahead for 860,000 sq ft East London medical campus
    NHS Property Services has secured planning for a major new medical research campus around the Royal London Hospital site in the East End.
    The vast Whitechapel Road Development in East London proposes six new and repurposed buildings rising from 3 to 12 storeys that will provide 860,000 sq ft of lab, research and teaching space.
    Designed by architects Allies and Morrison and Gibson Thornley, the campus project will transform a series of outdated buildings and empty sites around the Royal London H
  • Management buyout at M&E specialist

    Management buyout at M&E specialist
    Wirral based M&E contractor Kimpton has completed a management buyout.
    The £25m turnover firm,which celebrated its 60th anniversary last year, will now be led by a team of directors including new managing director Tim Davis, who was formerly the firm’s general manager, and Linzi Kelly, who steps up to become financial director.
    They are joined on the board by five experienced colleagues from the existing senior team – Paul Cooper, Scott Bennett, Paul Davies, Andy Morgan and
  • Scaffolder hit by two tonne weight at nuclear plant

    Scaffolder hit by two tonne weight at nuclear plant
    EDF and Trillium Flow Services Ltd have been fined a combined total of £633,333 after a scaffolder was seriously injured by a falling two-tonne counterweight at Dungeness B power station.
    Scaffolder, Colin Dell, 62, was carrying out work in the vicinity of the main cooling water discharge valves at the site in Kent when the accident occurred.
    On 13 June, 2022, he was involved in scaffolding work but a hydraulic actuator, known as a ram, was not in place which meant the unsupported hea
  • Hadden collapse costs supply chain £6.7m

    Hadden collapse costs supply chain £6.7m
    Hundreds of subcontractors and suppliers have been left holding unpaid invoices worth £6.7m following the failure of of Scottish contractor Hadden Construction.
    The largest contractor in Perthshire went into administration in September and the scale of the firm’s debts has been confirmed in a Companies House update.
    Latest accounts for the firm for the year to March 31 2023 show a turnover of £30.2m generating a pre-tax profit of £260,503.Unsecured creditors were owed &po

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