• Green light for Albert Buildings refurb

    Planning consent has been granted for the refurbishment of the Grade II-listed Victorian Albert Buildings in the heart of the City of London.
    Plans by Emrys Architects will transform the building into a mixed-use destination comprising 39 serviced apartment units above retained retail and restaurant space including the famous Sweetings.
    Construction is set to start in August 2027 with no contractor yet confirmed for the work.The scheme has been developed through close engagement with the City of
  • Groundworks firm Mackoy went under owing suppliers £5.5m

    Groundworks firm Mackoy went under owing suppliers £5.5m
    Groundworks contractor Mackoy Limited went into administration owing subcontractors and suppliers nearly £5.5m.
    The scale of the £23m-turnover firm’s debts across its supply chain was revealed in a Companies House update by administrator Quantuma.
    Mackoy went down last month and was then sold out of administration in a pre-pack deal to Geocore Civils Limited saving 20 jobs.Geocore Civils Limited was established on May 12 by directors Benjamin Bousfield and Michael Mayock.
  • Lendlease and The Crown Estate finalise £24bn development JV

    Lendlease and The Crown Estate have completed their long-awaited £24bn regeneration joint venture, paving the way for construction to begin on a pipeline of major housing and commercial developments in London and Birmingham.
    The new vehicle, branded the Impact Partnership Joint Venture, will initially take control of the Euston, Silvertown and Stratford Cross regeneration schemes, with a dedicated development management company established to oversee delivery.
    Together the first three proj
  • Laing O’Rourke joins bid for 14-reactor UK SMR fleet

    Laing O’Rourke joins bid for 14-reactor UK SMR fleet
    Laing O’Rourke has joined an international consortium bidding to deliver a fleet of 14 small modular nuclear reactors across three UK sites.
    Warsaw-based developer SGE has submitted plans under the Government’s Advanced Nuclear Framework for a 4.2GW programme based on GE Vernova Hitachi’s BWRX-300 reactor technology.
    The privately-funded scheme would be Britain’s largest privately-led nuclear investment and could generate enough electricity to meet around 11% of the count
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  • Right-to-work checks for self-employed start in October

    Right-to-work checks for self-employed start in October
    The government has confirmed an October 1 start date for Right to Work checks on the self-employed with construction singled out by a minister as a “high-risk sector” targeted by Home Office activity.
    Home Office minister Alex Norris said: “The reforms introduce, for the first time, an extension of the Right to Work Scheme and the associated civil penalties for non-compliance, to cover companies who contract workers or individual subcontractors to provide services under their c
  • Record order book fires Phoenix ME towards £400m turnover

    Record order book fires Phoenix ME towards £400m turnover
    London M&E specialist Phoenix ME has set its sights on £400m turnover this year after posting sharply higher profits and securing its biggest-ever forward order book.
    Revenue for the year to 30 September 2025 climbed 8% to £319m, while pre-tax profit surged 55% to £17m as improved project margins and tighter cost control boosted performance.
    This saw operating group margin hit 5% up from 3.5% in the prior year, while revenue expansion saw headcount rise by 12% to 469 during
  • Hill plots £2.3bn growth drive after resilient results

    South East developer The Hill Group has unveiled a five-year growth plan to more than double turnover to £2.3bn by 2030 after posting another year of resilient trading despite subdued housing market conditions.
    The UK’s second largest privately-owned house builder lifted revenue to £1.16bn in the year to 31 March 2026 from £1.15bn previously, while pre-tax profit increased to £93m from £91m.
    Housing completions jumped 18% to 3,329 homes from 2,811 a year earli

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