• Cartel watchdog drops probe into cement admixtures

    Cartel watchdog drops probe into cement admixtures
    Watchdogs at the Competition and Markets Authority have closed their probe into suspected anti-competitive conduct in the supply of chemical admixtures for cement, mortars and concrete.
    The CMA was working closely with the European Commission, which had also launched an investigation into the sector back in October 2023.
    Today the cartel watchdog announced it had closed its investigation on the grounds that theinvestigation no longer constituted an administrative priority.The statement said:&nbs
  • Bid race begins for £1bn concrete road replacement deal

    Bid race begins for £1bn concrete road replacement deal
    National Highways has opened the bidding for a new six-year framework to deliver a major programme of concrete road replacement.
    The new £1bn Legacy Concrete Roads Reconstruction Framework replaces the existing arrangement, which was more focused on repairs than reconstruction.
    Under the existing £400m five-year framework coming to a close, Morgan Sindall and John Sisk are carrying out major reconstruction works, with lifecycle extension works delivered by VolkerFitzpatrick, Colas, D
  • “Cynical” legal bids to block infrastructure neutered

    “Cynical” legal bids to block infrastructure neutered
    The Government is stopping “cyncial” bids to block major infrastructure schemes with multiple legal challenges.
    Current rules mean unarguable cases can be dragged through the courts three times – causing years of delay and hundreds of millions of costs to projects.
    Primary legislation will be changed so that where a judge in an oral hearing at the High Court deems the case Totally Without Merit, it will not be possible to ask the Court of Appeal to reconsider.Prime Minister Kei
  • Watkin Jones returns to trading profit

    Watkin Jones returns to trading profit
    Multi-storey contractor Watkin Jones has returned an operating profit after last year’s plunge to a £38m trading loss.
    But £7m of further provisions for building safety works scope changes eroded the £3.6m trading profit to a reported pre-tax loss of £300,000 in the year to September 2024.
    Alex Pease, chief executive officer of Watkin Jones, said the investment market was now showing signs of recovery after a challenging year, which saw revenue slide 14% to £3
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  • Falco electric digger trial could lead to £6m fleet-swap

    Falco electric digger trial could lead to £6m fleet-swap
    Utility contractor Falco Construction is trialling fully-electric mini excavators on its sites with an eye to replacing its entire £6m diesel fleet.
    The firm is working with UK Power Networks to test a duo of Takeuchi TB20e electric mini excavators over the next two years on excavation work in London and the South East.
    Upon a successful trial, Falco will invest over £6million in replacing its 120-strong diesel-powered fleet of excavators with fully electric models.The e-diggers prov
  • Groundworks specialist Kaybridge faces liquidation

    Groundworks specialist Kaybridge faces liquidation
    Middlesex based groundworks contractor Kaybridge Construction (Barnet) Ltd is due to be placed into liquidation today.
    A deemed consent notice in The Gazette this week confirmed that Redmans Insolvency Services is set to be appointed once confirmed by creditors.
    Kaybridge has been in business since 1972 providing groundworks, substructures and superstructures across the UK.Latest results for the year to August 31 2023 show the firm had a turnover of £30.6m generating a pre-tax loss of &pou
  • Social housing firm Fortem targets £300m turnover

    Social housing firm Fortem targets £300m turnover
    Social housing contractor Fortem has set ambitious growth goals for the next three years.
    Willmott Dixon-owned Fortem aims to drive up turnover from £205m to £300m by 2028, with a sharp focus on three distinct business streams: repairs and maintenance, capital works and retrofit programmes.
    As part of the strategy, Fortem has made significant leadership changes to strengthen its operational focus.Judy Hegarty has been promoted to deputy managing director, Kat Fidler takes the role of
  • £150m Bristol student scheme approved

    £150m Bristol student scheme approved
    Developer Cubex Land has got the planning thumbs up for a 22-storey purpose-built student accommodation scheme in the Temple Quarter of Bristol.
    The £150m student living project will provide 530-beds in the Corstorphine & Wright designed building on Albert Road.
    Builder Bowmer & Kirkland is tipped to take the project.The development will include a mix of studio flats and cluster beds. There will also be commercial space on the ground and first floors.
    Situated beside the River Avon
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