• Bid race for £55m London leisure centre and homes

    Bid race for £55m London leisure centre and homes
    The London Borough of Tower Hamlets is advancing plans to build a new leisure centre and associated block of flats.
    The plan forms part of the council leader’s anti-austerity drive to build new housing and improve services.
    Now it is on the hunt for a contractor to demolish the existing St George’s swimming pool building in Shadwell to make way for the new leisure centre and an eight-storey block of 29 flats on the site.Both the leisure facilities and residential accommodation will b
  • Crest Nicholson delays results over £250m fire safety provision

    Crest Nicholson delays results over £250m fire safety provision
    Crest Nicholson is pushing-back publication of its latest results following a request from its auditors for more time to confirm historic building firs safety costs.
    The delay is for “additional time to complete standard procedures and audit the appropriateness of the fire remediation provision.”
    Crest Nicholson will now publish its results for the year ended 31 October 2024 on February 4 and not on January 21 as previously planned.The company said it has made “significant prog
  • Trio of tech giants unveil £14bn AI data centre hub building plans

    The boom in data centre building work will be further fuelled by another wave of planned projects worth £14bn.
    Latest plans revealed by three big tech companies will take the total committed investment in AI and data centre infrastructure over the next five to 10 years to a staggering £39bn.
    The fresh tranche of planned investment was unveiled yesterday in tandem with the launch of a new Government action plan to turbocharge the AI infrastructure industry.The Government has set out a
  • Former Keltbray site managers stand trial over contract “bribes”

    Former Keltbray site managers stand trial over contract “bribes”
    Three former site managers at Keltbray were paid hundreds of thousands of pounds in bribes linked to construction projects including Battersea Power Station, a court has heard.
    Details were revealed at the opening of a trial at Southwark Crown Court last week which is expected to last until mid-February.
    The Keltbray managers were “bribed” by Arben Hysa, the owner of specialist demolition contractor Tony Demolition Workers (TDW) to ensure his workers were used on various projects, Pa
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