• O’Rourke confirms major expansion of manufacturing capacity

    O’Rourke confirms major expansion of manufacturing capacity
    Laing O’Rourke is expanding its manufacturing capacity to meet growing demand for its approach to industrialised construction.
    Crown House Technologies Manufacturing (CHtM) and Explore Manufacturing will both be expanded.
    CHtM is moving to a larger facility in Smethwick, West Midlands and Explore Manufacturing is adding 3,200 square metres of manufacturing space at its current location in Explore Park, Nottinghamshire.The upgraded facilities will also allow exploration of and further inves
  • South Wales roads bodies launch £270m highways framework

    South Wales roads bodies launch £270m highways framework
    Contractors are set to battle for places on a £270m framework covering highways, bridge maintenance and surfacing work across South Wales.
    Neath Port Talbot County Borough Council is leading the procurement on behalf of Carmarthenshire and Monmouthshire councils for the new SWTRA Highways & Structures Framework 2027.
    The framework will run for four years from February 2027, with options to extend annually for a further two years, taking its maximum duration to six years. Up to eight co
  • SIG set for cost-cutting drive as materials market stalls

    SIG set for cost-cutting drive as materials market stalls
    Building materials distribution giant SIG is planning a £100m efficiency drive as the market continues to struggle.
    In a trading update today SIG said: “The Group has developed an improvement plan assuming no market recovery in H2 2026 and FY 2027.“The plan aims to generate cash of at least £100m, through a combination of business simplification, disposals, business improvement and working capital optimisation.
    “It is also targeting an annualised operating profit ru
  • Plan for triple-tower Stratford scheme on former Sphere site

    Plan for triple-tower Stratford scheme on former Sphere site
    Developer Hallmark Property Group has unveiled plans for a cluster of three towers rising to 47 storeys on the former London Sphere site at Stratford Junction, replacing the long-stalled entertainment proposal with a major mixed-use cultural quarter.
    Designed by Squire & Partners, the scheme would regenerate the 2.05ha rail-surrounded site between Stratford Station and Stratford International that has remained vacant since serving as coach parking during the 2012 Olympic Games.
    The developme
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  • Crest sinks to £35m loss as lender talks drag on

    Crest sinks to £35m loss as lender talks drag on
    House builder Crest Nicholson plunged to a £35m half-year loss as directors remain locked in negotiations with lenders over revised banking covenants after net debt almost doubled to £142m.
    Crest this morning revealed it had plunged into the red for the six months to 30 April compared with a £9.4m profit a year earlier.Revenue fell 21% to £198m as completions dropped from 739 to 584 homes, while adjusted operating results swung from an £11.9m profit to an £11.
  • Wates regional MD and director exit suddenly

    Wates regional MD and director exit suddenly
    Two bosses at the UK East Construction division of Wates have suddenly left the business.
    Managing Director David Wingfield and Commercial Director Kyle McGrory have left the company with immediate effect.
    Their roles are now being covered by executive Managing Director Steff Battle.The Enquirer understands Wingfield and McGrory had been suspended by Wates while an internal investigation was carried-out into their conduct.
    Wates declined to confirm the exact nature of the investigation.
    A Wates

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