Construction news

• Bolton turns to MEPC for £200m town centre reset

  26-01-2026 18:15 via constructionenquirer.com
  Bolton has appointed developer MEPC to reboot plans for the £200m redevelopment of the Crompton Place shopping centre after years of delays.
  The developer, now owned by global investment manager Federated Hermes, beat Urban Splash to take control of the stalled scheme, which will see the 280,000 sq ft centre demolished and replaced with a residential-led mixed-use development.
  The overhaul is aimed at resetting the historic heart of Bolton town centre, with new homes, reworked public space
  
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• Barratt Redrow to start 900-home London high rise scheme

  26-01-2026 09:07 via constructionenquirer.com
  Barratt Redrow is lining up a start on the first phase of its 900-home Bollo Lane regeneration in West London after clinching a forward funding deal with build to rent specialist Grainger.
  The agreement paves the way for construction of an opening tranche of 195 rental flats, marking Grainger’s first BTR partnership with a major housebuilder.
  The first phase has secured detailed planning consent and Gateway 2 approval from the Building Safety Regulator, clearing the way for work to begin w
  
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• Tender prices set to rise by up to 5%

  26-01-2026 09:01 via constructionenquirer.com
  Construction tender prices are set to rise by up to 5% as capacity constraints threaten delivery of schemes.
  New data from professional services company Turner & Townsend in its Winter 2025 UK Market Intelligence report (UKMI) forecasts a rate of tender price inflation (TPI) of 3.5% per year across real estate and 5% for infrastructure through 2026 and 2027.
  The report warns that sustained cost escalation is putting pressure on the viability of new projects at a time of economic uncertainty.
  
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• Costain to exceed 4.5% margin target after strong year

  26-01-2026 08:48 via constructionenquirer.com
  Costain has capped another solid year of trading with margins beating its 4.5% run-rate target.
  In an end of year trading statement this morning, Costain said it also ended the year with a stronger than expected £190m cash pile and confidence in a step-change in performance ahead built on major contract wins.
  Work wins since include a utilities delivery partner role at Sellafield worth up to £1bn over 15 years, a five-year extension to its project controls contract with EDF valued at
  
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• Sizewell awards site safety gear contract

  26-01-2026 08:34 via constructionenquirer.com
  Sizewell C has appointed Suffolk Safety Solutions as its primary supplier of personal protective equipment (PPE) across the giant nuclear construction site.
  Over the next three years, Suffolk Safety Solutions will supply Sizewell C’s growing workforce with essential safety wear, including hard hats, high-visibility clothing, and protective eyewear.
  The company is a partnership between PPE and workwear specialist Mathias & Sons Ltd and Suffolk-based portable accommodation provider Porta
  
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• Demolition starts for £250m Glasgow Charing Cross scheme

  26-01-2026 08:18 via constructionenquirer.com
  Demolition has kicked off at Glasgow’s Charing Cross Gateway, marking the first visible step towards a £250m transformation of a key city centre site.
  Reigart Contracts has moved onto the Elmbank Gardens plot after being appointed by CXG Glasgow to clear two 1960s-era buildings, paving the way for phase one of the 730,000sq ft complex spanning Elmbank Gardens and Tay House on Bath Street.The opening phase will deliver 750-bed student accommodation on land at the corner of Bath Street
  
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• Van Elle plugs into power grid boom as revenue jumps 16%

  26-01-2026 08:17 via constructionenquirer.com
  Van Elle is banking on the UK’s power grid upgrade boom to pull margins back up after a mixed first financial half that delivered strong top-line growth but thinner returns.
  The ground engineering specialist lifted revenue 16% to over £73m in the six months to 31 October 2025, powered by a jump in General Piling and another strong showing from Specialist Piling & Rail.
  But underlying operating profit dipped to £2.0m from £2.2m with operating margin squeezed to 2.8% fr
  
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