Construction news

• Infrastructure and major projects boost profits at Vp

  11-06-2025 11:16 via constructionenquirer.com
  
  Healthy demand for specialist construction services on major London sites helped equipment rental giant Vp post a strong set of numbers in its latest results.
  Final results for the year to 31 March 2025 show pre-tax profits were up to £21.7m from £2.8m last time on increased turnover of £380m from £369m.
  Specialist construction and water and transmission work were the star performers while a slower start to Network Rail’s Control Period 7 continued to drag down perf
  
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• WSP to buy Ricardo

  11-06-2025 08:40 via constructionenquirer.com
  
  Consulting giant WSP has struck a deal to acquire London-listed rival Ricardo for £281m.
  Ricardo has headquarters in the UK and operates across 20 countries employing 2,700 staff.
  The firm has been undergoing a restructuring to concentrate on its environment and energy and rail business and WSP said its more niche Automotive and Industrial and Performance Products divison is “likely” to be sold.Alexandre L’Heureux, President and CEO of WSP said: “The proposed acquis
  
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• TClarke jumps to top of M&E firms rankings

  11-06-2025 08:21 via constructionenquirer.com
  
  TClarke has stormed to the top of the M&E contractor rankings after reporting bumper revenue fuelled by data centre work.
  The top 30 M&E contractors delivered a strong year of growth last year, collectively raising revenue by 27% to £6.3bn.
  Figures collected by consultant GHCS and sector trade body BESA reveal a sector quietly transforming itself to withstand volatility through smarter business models, niche markets, and a shift away from traditional construction practices.Top 30 M
  
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• TClarke jumps to top of 30 M&E firms rankings

  11-06-2025 08:21 via constructionenquirer.com
  
  TClarke has stormed to the top of the M&E contractor rankings after reporting bumper revenue fuelled by data centre work.
  The top 30 M&E contractors delivered a strong year of growth last year, collectively raising revenue by 27% to £6.3bn.
  Figures collected by consultant GHCS and sector trade body BESA reveal a sector quietly transforming itself to withstand volatility through smarter business models, niche markets, and a shift away from traditional construction practices.Top 30 M
  
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• JRL plans Sutton 12-storey office to co-living revamp

  11-06-2025 08:21 via constructionenquirer.com
  
  JRL Group has teamed up with Halcyon Development Partners to transform a vacant 12-storey office block in Sutton town centre into a 359-unit co-living scheme.
  The St Nicholas House plan will see the outdated office block repurposed and raised to 15-floors under a major retention strategy aimed at cutting carbon emissions.
  The move supports Sutton Council’s wider regeneration drive for the civic quarter and high street area.Alongside the residential offering, the revamped building will also
  
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• Lindum lands £44m automation centre contract

  11-06-2025 08:19 via constructionenquirer.com
  
  Ashfield District Council has appointed Lindum Group as main contractor for the £44m Automated Distribution and Manufacturing Centre (ADMC).
  The national centre of excellence for automation will be the flagship building on the wider £100m Ashfield Innovation and Technology Park on Lowmoor Road, Sutton-in-Ashfield.
  Construction will start this summer with completion expected in late 2026 and occupancy from early 2027.The 2,800sqm centre will support businesses of all sizes to design a
  
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• Plan to double affordable homes spend at centre of spending review

  11-06-2025 08:14 via constructionenquirer.com
  
  Chancellor Rachel Reeves will today unveil the biggest investment in social and affordable housing in a generation — with £39bn earmarked over the next decade.
  The new Affordable Homes Programme will form the centrepiece the Spending Review, delivering long-term certainty for developers and doubling current investment levels.
  The new deal will average £3.9bn a year — up from just £2.3bn a year under the previous government’s five-year £11.5bn programme r
  
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