Construction news

• Demolition team assembles on Multiplex London Wall site

  18-12-2024 14:36
  
  Erith will start main demolition works next month at 75 London Wall in the City of London.
  Multiplex has landed a Pre-Construction Services Agreement (PCSA) on the £250m job to revamp and expand Deutsche Bank’s former headquarters with the main construction contract expected to be awarded next summer.
  Architect Orms has designed the scheme for engineering, property and infrastructure group, Gamuda Berhad in a joint venture with real estate investment firm Castleforge.Work is due to c
  
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• HS2 costs could hit £66bn

  18-12-2024 13:09
  
  The cost of HS2 could rise to as much as £66bn according to latest estimates presented to the Department for Transport.
  The latest budget came as it was confirmed that current HS2 chairman Sir Jon Thompson will step down from his role next Spring after four years on the board.
  Latest figures show £32.8bn has been spent on the project so far with the current estimate for completion at between £54bn-£66bn.The Goverment is desperate to drive that figure down and expects the
  
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• Balfour wins 68km HV underground power cable deal

  18-12-2024 09:31
  
  Balfour Beatty has secured a contract to install 68km of high voltage direct current land cables from Fraisthorpe Sands to Drax in Yorkshire as well as an additional 1km of HVDC land cable at Peterhead in Scotland.
  The contract forms part of the 2GW electrical ‘superhighway’ cable link project known as The Eastern Green Link 2.
  Main works are expected to commence in early 2025, with completion scheduled for 2029. At construction peak, the project is expected to employ 140 people.The
  
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• Heathrow Airport upgrade spend takes off again

  18-12-2024 09:17
  
  Heathrow has set out plans to spend £2.3bn over the next two years on further upgrades to the airport.
  The accelerated investment plan will see £1.05bn spent on the airport’s infrastructure in 2025, and an additional £1.29bn invested in 2026 .
  The investment will enhance capabilities across all terminals, including baggage delivery and projects to support punctual departures and arrivals.Heathrow CEO Thomas Woldbye said: “Heathrow is the UK’s gateway to
  
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• Stunning site wrap unveiled on Sloane Street

  18-12-2024 08:55
  
  Specialist Embrace Building Wraps has unveiled its latest eye-catching site hoarding in central London.
  The giant trompe l’oeil printed wrap creates the illusion of a fully formed façade at 30-33 Sloane Street where John F Hunt is on site doing demolition work ahead of Galliford Try starting on a £53m deal for developer Cadogan Estates.
  Greg Forster, Managing Director at Embrace Building Wraps said: “We are delivering far more trompe l’oeil wraps these days. The so
  
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• National Grid to invest £35bn over next five years

  18-12-2024 08:49
  
  National Grid is planning to invest a record £35bn over the five years to 2031 on upgrading and extending the transmission network.
  Setting out details of the record investment plan this morning, National Grid will invest over £11bn to maintain and upgrade existing networks, alongside construction works for the first three of its Accelerated Strategic Transmission Investment (ASTI) projects where project assessments have been approved.
  A further £24bn will be directed at a
  
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• Profits double at Barhale

  18-12-2024 08:40
  
  Barhale has boosted profits posting a strong set of annual results and an order book topping £1bn.
  Latest results for the civil engineering specialist show turnover for the year to June 30 2024 up to £177m from £133m last time as pre-tax profit doubled to £8.4m from £4.2m.
  The latest report and accounts from Barhale shows the business continues to build on the progress of the previous two years, increasing turnover and maintaining profits in line with its strategic
  
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• Mace to close construction logistics arm

  18-12-2024 08:24
  
  Mace is closing its construction logistics business.
  The operation is part of Mace’s specialist services division and works with main contractors to help deliver major contracts.
  A Mace spokesperson said: “Mace Construct has decided to phase out and close its logistics business safe in the knowledge that our long-standing logistics partners will continue to support us going forward.
  “We are looking to capitalise on the industry appetite for vertical integration particularl
  
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