• Lindum profit jumps 28% as turnover nears £200m

    Lindum profit jumps 28% as turnover nears £200m
    Lincoln-based Lindum Group has credited its employee-owned model for powering a 28% rise in pre-tax profit to £10.4m and turnover up 7% to £199m.
    The regional contractor – where 507 of its 633 employees hold shares – said its long-term commitment to employee ownership and direct delivery underpinned its financial resilience and client satisfaction.
    In the year to November, the group’s operating profit also climbed, with margins nudging up from 3.2% to 3.7%, aided by
  • Go-ahead for £400m Cambridge sewage treatment works

    Go-ahead for £400m Cambridge sewage treatment works
    Plans to relocate Cambridge’s main waste water treatment works have finally been approved by Government after a lengthy planning process delayed the £400m project by over a year.
    Environment secretary Steve Reed has granted development consent for the major new Cambridge waste water treatment plant.
    The decision allows Anglian Water to move forward with construction of an advanced facility at Honey Hill on green belt land between Fen Ditton and Horningsea, north of the A14.It will be
  • Erith pays down bid-rigging fine over two years early

    Erith pays down bid-rigging fine over two years early
    Kent-based demolition specialist Erith has paid off its £17.6m bid-rigging fine two and a half years early after another strong trading performance.
    Revenue at the demolition, haulage and recycling group jumped 12.5% to £255m for the year to 30 September 2024, buoyed by a mix of contract wins and stable costs in the still-fluctuating economic climate.
    The improvement lifted net margins from 2.7% to 3.3%, hiking pre-tax profit by more than a third to £8.4m.Chairman Steve Darsey
  • Universal to build theme park in Bedford

    Universal to build theme park in Bedford
    Entertainment giant Universal has agreed to build a new theme park and resort in Bedford.
    Work is scheduled to start next year creating 20,000 construction jobs with 5,000 on site at the peak.
    The site of the former Kempston Hardwick brickworks will be transformed during a five-year construction programme with the new theme park due to open in 2031 and 8.5m visitors expected in its first year.Prime Minister Keir Starmer said: “Today we closed the deal on a multi-billion-pound investment th
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  • Muse submits £35m St Helens transport hub plan

    Muse submits £35m St Helens transport hub plan
    Pans have been lodged for a major overhaul of St Helens town centre with a new £100m transport interchange forming the centrepiece of a wider regeneration push.
    Vinci Building has been lined up as main contractor for the £35m St Helens Interchange, which will replace the ageing bus station with a modern, green and accessible hub serving bus, cycle and pedestrian users.
    The project is part of the first phase of the wider £100m town centre regeneration, which will also deliver a
  • Network Rail property JV to deliver Cambridge North homes

    Network Rail property JV to deliver Cambridge North homes
    Developer Brookgate has selected Network Rail’s property development joint venture Blocwork to bring forward over 400 homes at Cambridge North.
    The development around Cambridge North Station will be one of the first schemes to be delivered by the joint venture between Network Rail Property and developer bloc.
    Blocwork is being set up to deliver over 40,000 new homes over the coming decade.Plans are already underway to regenerate the former freight sidings, with a Novotel Hotel and the over

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