• Housing main drag on industry again in October

    Housing main drag on industry again in October
    Construction buyers have reported the lowest level of residential work since last December as the housing market continues to rag down the whole industry.
    The bellwether S&P Global UK Construction Purchasing Managers’ Index recorded 43.6 in October – down from 46.1 the previous month.
    The index registered below the neutral 50.0 value for the twenty-second month running.Residential activity (index at 35.1) was by far the weakest-performing segment, with the latest reading the lowest since
  • Sizewell C backs drive to ditch diesel and cut carbon

    Sizewell C backs drive to ditch diesel and cut carbon
    Sizewell C has put contractors on notice to prepare for life after diesel and a squeeze on the most carbon-intensive building materials.
    The nuclear developer has signed an industry pledge to drive down construction emissions through buying decisions, contract incentives and cleaner site operations.
    The move puts plant fleets, concrete mixes and steel sourcing firmly in the spotlight across the project’s supply chain.Under the Construction Leadership Council’s Five Client Carbon Commitments,
  • JRL gets green light for 359-unit Sutton co-living revamp

    JRL gets green light for 359-unit Sutton co-living revamp
    JRL Group and development partner Halcyon have secured planning permission to transform a vacant office block in Sutton town centre into a 359-unit co-living development.
    Sutton Council has approved the redevelopment of St Nicholas House, clearing the way for a major refurbishment and extension of the former 12-storey office building.
    The scheme will see the existing structure partially demolished, retained and extended to create a building rising to 15 storeys.Designed by Assael Architecture, t
  • Vistry jobs cull begins as daily debt heads for £800m

    Vistry jobs cull begins as daily debt heads for £800m
    Vistry has started wielding the jobs axe as it moves to more than half its regional operations amid worsening market conditions.
    In a trading statement this morning, the house builder warned that average daily net debt was heading towards £800m in the second half as tough trading and delays to partner-funded deals squeeze cash.
    Chief executive Adam Daniels said he had started driving through plans for a smaller business focused on generating cash and cutting borrowing.
    The partnership homes foc
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  • Morgan Sindall to beat profit targets again

    Morgan Sindall to beat profit targets again
    Morgan Sindall is set to beat its profit targets again this year as construction and fit-out continue t0 out-perform the general market.
    In a trading update today the contractor said: “Strong trading momentum has continued and, together with strong visibility of secured orders through to the end of the year, the Group now anticipates that its full year results for 2026 will be slightly ahead of its previous expectations.”
    It added: “The Construction division has continued to perform strong
  • Euston Station mega scheme set for 26-year build programme

    Euston Station mega scheme set for 26-year build programme
    Lendlease and The Crown Estate have set out plans for the Euston station mega development with a building programme stretching over 26 years.
    The partners’ Impact Partnership joint venture is leading the 60-acre regeneration above and around the rail hub as the Government’s master development partner.An environmental scoping report submitted to Camden Council reveals proposals for up to 650,000 sq m of development, with landmark buildings rising to 25 storeys.
    Architect Allies and Morrison i

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