Construction news

• “Future of construction” firm in administration

  09-01-2026 15:36 via constructionenquirer.com
  Pioneering graphene firm Versarien is now in administration.
  The firm’s products included Cementene – a concrete admixture hailed as the “future of construction” which boosts strength and cuts carbon.
  Versarien has trialled its products on HS2 and signed a deal with Balfour Beatty to work on new products.Andrew Knowles and Andrew Poxon from Leonard Curtis have now been appointed Joint Administrators of the AIM listed firm.
  The company had been making losses for several ye
  
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• Balfour secures £900m Midlands highways upkeep deal

  09-01-2026 11:18 via constructionenquirer.com
  Balfour Beatty has landed a huge Midlands highways maintenance term contract worth £900m after three local authorities joined forces to bundle their long-term road upkeep programmes.
  The seven-year deal has been awarded to Balfour Beatty Living Places following a joint procurement by Warwickshire County Council, Coventry City Council and Solihull Metropolitan Borough Council.
  The contract will run from May 2026 to May 2033 and can be extended by up to a further six years, taking the potent
  
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• Student rooms builder cancels London and defers Bristol projects

  09-01-2026 08:59 via constructionenquirer.com
  Unite Students has slammed the brakes on parts of its development pipeline, blaming mounting viability pressures and a tougher planning environment as it pivots capital towards higher-yielding universities and shareholder returns.
  The country’s biggest student accommodation developer this morning said it had deferred delivery of its 500-bed Freestone Island scheme in Bristol while it explores options to secure “best value” from the project.
  The move releases around £55m o
  
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• Mace crowned annual contracts league champion

  09-01-2026 08:06 via constructionenquirer.com
  Mace has been crowned the industry’s top contracts league winner after a blockbuster year of deal-making that left rivals trailing in its wake.
  The London-focused contractor emerged as 2025’s biggest work winner after banking £3.18bn of secured orders, powered by a hoard of projects including the £1.1bn British Library extension and a string of heavyweight office schemes in the Capital.
  The haul came in the same year Mace offloaded its profitable consultancy arm to concen
  
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