• Developer Salboy opens construction division to wider market

    Developer Salboy is making its construction arm available to the wider market with a focus on time-critical and distressed housing schemes.
    Salboy Construction was established in April 2024 initially focused on supporting some of the group’s own developments as well as select sites financed by the groups’ investment arm Salboy Capital.
    The contracting division has grown to a team of 16 construction professionals, quantity surveyors and procurement specialists and has delivered 120 ho
  • 15 firms bag £175m works Cumberland works deal

    Cumberland Council has lined up 15 contractors on a £175m capital works construction framework covering building, civils and combined schemes across its region.
    Regional contractors Cubby Construction, Story Contracting, and Thomas Armstrong (Construction) fared best in the procurement race securing spots on all three lots.Capital Works (Construction) FrameworkGeneral Building Works (£0.2m–£3m)Cubby Construction
    Equans Regeneration
    Michael Thompson (Public Works Contracto
  • Ardmore turns corner after bruising two years

    Ardmore Group has signalled a sharp turnaround in fortunes, saying it is on track to return to profitability after two punishing years dominated by legacy construction problems and the collapse of its former contracting arm.
    The London-based contractor has just published delayed statutory results for the year to 30 September 2024, showing a £41m loss on turnover down 16% at £346m.
    The result was dragged down by losses on legacy projects, years of remedial works and a £15m adjud
  • £3bn early works plan to lift Parliament renewal out of limbo

    MPs and Peers are being pressed to back a £3bn fast-start works package to finally get ahead of the spiralling repair bill at the Palace of Westminster and tee up the biggest restoration project in its history.
    A new report from the Parliamentary Restoration and Renewal Client Board calls for a seven-year “phase one” programme of early and enabling works to halt the cash drain on patch repairs and ageing systems, while kicking the hardest political decision on delivery to 2030.
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  • £3bn early works plan to kick-start major Parliament restoration

    MPs and Peers are being pressed to back a £3bn fast-start works package to finally get ahead of the spiralling repair bill at the Palace of Westminster and tee up the biggest restoration project in its history.
    A new report from the Parliamentary Restoration and Renewal Client Board calls for a seven-year “phase one” programme of early and enabling works to halt the cash drain on patch repairs and ageing systems, while kicking the hardest political decision on delivery to 2030.
  • Balfour powers back to top of contracts league

    Balfour Beatty supercharged its way to the top of the contracts league in January after securing a blockbuster contract to deliver the world’s first gas-fired power station with carbon capture and storage.
    The Net Zero Teesside power station project is valued as £833m and sees Balfour deliver major onshore works for the plant as construction partner to Technip Energies.
    It marks a return to pole position in the monthly work won rankings after a long absence and lifted the firm to fou

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