Construction news

• Mace Construct makes £62m pre-tax loss in carve-out year

  27-10-2026 17:43 via Construction Enquirer
  
  Mace Construct – previously Mace Group – has published its 2025 annual report and accounts revealing a pre-tax loss of £61.8m from revenue ahead 10% to £2.3bn.
  The firm is expecting this year’s revenue to be lower “because macroeconomic factors have delayed the conversion of some second stage projects and several major infrastructure clients have limited their capital spend.”
  The fall in income meant “the group has been actively targeting significant cost reductions across the busi
  
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• Booming Barhale looks forward to further growth

  27-10-2026 13:38 via Construction Enquirer
  
  Barhale has delivered another strong set of results as the civil engineering and infrastructure specialist looks to further growth in the year ahead.
  Latest accounts posted at Companies House for the year to 30 June 2026 show turnover up to £246m from £236m last time as pre-tax profits increased to £14.8m from £13.5m.
  The group’s year-end net cash position improved significantly to £44.6m as the order book jumped to £1.74bn.Chief Executive Martin Brown attributed Barhale’s success to i
  
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• McAlpine bags £133m Bank of England overhaul

  27-10-2026 09:04 via Construction Enquirer
  
  Sir Robert McAlpine has beaten Bovis and Overbury to the £133m overhaul of the Bank of England’s Threadneedle Street estate in the City of London.
  The contractor has been picked for a four-year programme to refurbish and consolidate the Bank’s historic headquarters while it remains operational.
  The award follows a contest launched seven months ago with an estimated £142m price tag. Four tenders were received, with three firms assessed at the final stage.McAlpine will tackle core infrastruc
  
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• United Infrastructure buys £15m roofing specialist

  27-10-2026 08:55 via Construction Enquirer
  
  Private equity-owned United Infrastructure has snapped up £15m-turnover roofing and building maintenance specialist Hodgson Sayers.
  The County Durham firm employs around 100 staff and brings specialist roofing and building envelope expertise into the group as it expands across power and social housing.
  Founded in 1979, Hodgson Sayers operates across the UK from its Stanley headquarters and a Nottingham base. Its services span roofing, building fabric repairs, civils, metalwork, fabrication and
  
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• US insurer plots 70-storey London tower beside Gherkin

  27-10-2026 08:32 via Construction Enquirer
  
  US insurer AmTrust is joining the City of London’s skyscraper race with plans for a 70-storey tower beside the Gherkin.
  At around 300m, the proposed Exchequer Court redevelopment would stand close in height to the neighbouring One London tower planned at 1 Undershaft.
  The insurer has enlisted former Canary Wharf boss Sir George Iacobescu to steer the project, which would deliver more than 1.08m sq ft of Grade A offices at 33 St Mary Axe.WilkinsonEyre is drawing up the scheme, with Upper Brook
  
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• Vistry taps Severn Trent for new finance chief

  27-10-2026 08:31 via Construction Enquirer
  
  Vistry has raided water giant Severn Trent for its next finance chief as boss Adam Daniels builds his top team.
  Helen Miles will take the CFO seat and join the partnerships house builder’s board in 2027 after serving her 12-month notice period at the water company.
  Until then, former Crest Nicholson and Crown Estate finance chief Robert Allen will hold the reins. He joins the board with immediate effect.The double appointment follows a search led by Vistry chair Rob Woodward and puts another k
  
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• Green light to convert student block to hotel and resi

  27-10-2026 08:31 via Construction Enquirer
  
  Developer The Westcombe Group has secured planning approval for the £20m transformation of student accommodation at Kingston Bridge House in Hampton Wick into a new five-star Hotel Indigo alongside 22 new homes.
  Work overseen by Westcombe’s in-house construction division will start on site in January in Richmond upon Thames.
  Kamal Pankhania, Chief Executive Officer of Westcombe Group, said: “We are transforming a formerly vacant building into new homes, affordable housing and a five-star lu
  
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• Anglian Water picks 20 for M&E upkeep framework

  27-10-2026 08:05 via Construction Enquirer
  
  Anglian Water has lined up 20 firms to keep its mechanical and electrical assets running under a £300m framework stretching to 2035.
  The deal covers planned and reactive maintenance alongside smaller capital projects across the East of England and East Midlands, supporting work through the AMP8 and AMP9 investment periods.
  Among the four lots, the £102m projects and parcels lot will handle more complex and critical M&E packages. Amentum, Galliford Try, M Group Water, Quartzelec, Ross-shire
  
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