Construction news

• Construction boss jailed for siphoning off cash for casino

  03-03-2025 16:48 via constructionenquirer.com
  
  A Nottinghamshire construction boss who siphoned more than £700,000 from four failing companies and transferred the cash to his casino account has been jailed.
  Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court last week.
  Grainger-Smith, of Winthorpe, had previously pleaded guilty to five counts of fraudulently removing company property at an earlier hearing.The Insolvency Service also discovered around £570,000 in cash deposits pai
  
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• Watkin Jones wins over £50m student digs campus upgrade

  03-03-2025 12:49 via constructionenquirer.com
  
  Watkin Jones has secured the job to deliver a £50m-plus upgrade to student halls of residents for King’s College London at Camberwell in south London.
  Student accommodation provider Arlington Advisors is managing the refurbishment and remedial works of the college’s Champion Hill estate on Denmark Hill.
  The estate provides 714 beds for students in six blocks, one of which is a Grade II-listed building.Construction will start next month, with completion expected on a phased basi
  
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• Watkin Jones wins £30m student digs campus upgrade

  03-03-2025 12:49 via constructionenquirer.com
  
  Watkin Jones has secured the contract to upgrade student halls of residents for King’s College London at Camberwell in south London.
  Student accommodation provider Arlington Advisors is managing the refurbishment and remedial works of the college’s Champion Hill estate on Denmark Hill.
  The estate provides 714 beds for students in six blocks, one of which is a Grade II-listed building.Construction will start next month, with completion expected on a phased basis in September 2026 and
  
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• Technip wins old tyres to jet fuel recycling plant

  03-03-2025 09:43 via constructionenquirer.com
  
  Site clearance has got underway for a £100m plant to convert old tyres into jet fuel.
  The Sunderland Waste Tyre Processing Facility development is situated within the East Dock of the Port of Sunderland and is a former hydrocarbon tank farm.
  Engineering construction specialist Technip has secured the job to build the new plant, which will have the capacity to process up to 73,000 tonnes of end-of-life tyres a year into around 24,000t of recovered carbon black (rCB) as well as up to 32,000t
  
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• North West regional civils contractor in administration

  03-03-2025 09:21 via constructionenquirer.com
  
  Lancashire based civil engineer and building contractor Colin Briscoe Construction has fallen into administration.
  The firm was founded by Colin Briscoe in 1993, who four years ago received a lifetime achievement award from trade body The Civil Engineering Contractors Association for his work in the region.
  Insolvency specialist Leonard Curtis has taken over at the regional contractor which according to last year’s accounts employed 25 staff.
  Briscoe Construction worked primarily for utili
  
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• Kier targets £400m of logistics work with Investec JV

  03-03-2025 09:01 via constructionenquirer.com
  
  Kier Property has formed a new joint venture with Investec Bank to develop £400m of urban logistics schemes across England.
  The new venture has secured its first site with the off-market acquisition of a 4.4-acre former office site in Hemel Hempstead, Hertfordshire, which will be redeveloped into a seven-unit Trade and Logistics City scheme, providing 87,000 sq ft of modern industrial space.
  Yon Papageorgiou, Head of Real Estate Equity Investments at Investec said: “The UK urban logi
  
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• Costain start date for £67m Romford flyover replacement

  03-03-2025 09:01 via constructionenquirer.com
  
  Transport for London has given Costain the go-ahead to completely renew and strengthen the ageing Gallows Corner flyover in Romford, East London.
  Gallows Corner flyover was built in the 1970s as a temporary structure. 
  It is now in a very poor condition and in urgent need of renewal. Speed and weight restrictions have been in place for several years.
  Now the go-ahead has been given for a major renewal project that will involve replacement of the en
  
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• Severfield warns on profits blaming major project delays

  03-03-2025 08:54 via constructionenquirer.com
  
  Constructional steelwork giant Severfield issued profit warning this morning blaming project delays and falling business confidence.
  In a trading statement, Severfield said it would look for a further round of cost reductions and had cancelled the £10m share buyback programme to manage the fall off in workload.
  The profit warning blaming an unnamed major project delay, thought to be the £4bn Agratas gigafactory in Somerset, follows a reported £6m half-year loss last November wh
  
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