James Wilmore | Construction News https://www.constructionnews.co.uk Read UK Construction Industry News, Analysis, Opinion and data Thu, 23 Nov 2023 13:04:46 +0000 en-GB hourly 1 https://wordpress.org/?v=6.0 https://emap-romulus-prod.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/8/2023/07/favicon-cn192-70x70.png James Wilmore | Construction News https://www.constructionnews.co.uk 32 32 https://www.constructionnews.co.uk/wp-content/themes/mbm-mops-2017/images/logo.gif Construction News https://www.constructionnews.co.uk 125 75 Read UK Construction Industry News, Analysis, Opinion and data Executive pay 2023: sharp earning curve https://www.constructionnews.co.uk/financial/executive-pay-2023-sharp-earning-curve-21-11-2023/ Tue, 21 Nov 2023 12:45:55 +0000 https://www.constructionnews.co.uk/?p=488126 Construction News research reveals a 30 per cent hike in the average annual package for the 20 best-paid contractor plc executives Amid the continuing cost-of-living crisis, executive pay remains a contentious issue for the general public. In August, the High Pay Centre (HPC) revealed in…

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]]> Missing pieces: Is the industry ready for the Building Safety Act? https://www.constructionnews.co.uk/health-and-safety/missing-pieces-is-the-industry-ready-for-the-building-safety-act-23-05-2023/ Tue, 23 May 2023 05:50:04 +0000 https://www.constructionnews.co.uk/?p=479516 As construction professionals and legal experts digest the real-world implications of the Building Safety Act, what are the big unanswered questions? Nobody needs reminding that ongoing building safety reforms are aimed at avoiding a repeat of the dreadful events of June 2017, when 72 people…

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]]> Sharing the load: are fixed-price contracts a thing of the past? https://www.constructionnews.co.uk/contractors/sharing-the-load-are-fixed-price-contracts-a-thing-of-the-past-01-03-2023/ Wed, 01 Mar 2023 06:50:59 +0000 https://www.constructionnews.co.uk/?p=474297 With many subcontractors bitterly regretting the fixed-price contracts they signed before inflation spiralled, James Wilmore asks whether fluctuation clauses and advance payments will become the norm “Collaborative risk-sharing will be key to preserving industry resilience and capacity moving forward.” These were the words of the…

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]]> Supply chain warning over building safety deadline https://www.constructionnews.co.uk/health-and-safety/supply-chain-warning-over-building-safety-deadline-31-01-2023/ Tue, 31 Jan 2023 06:50:41 +0000 https://www.constructionnews.co.uk/?p=473234 The government’s deadline for developers to commit to fixing unsafe towers could lead to “conflict and costs” as pressures are passed down the construction supply chain, a trade body has warned. In a letter to developers, levelling up secretary Michael Gove has given a six-week…

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]]> Eight firms win spots on £1.5bn public-sector framework https://www.constructionnews.co.uk/contractors/eight-firms-win-spots-on-1-5bn-public-sector-framework-04-01-2023/ Wed, 04 Jan 2023 12:39:20 +0000 https://www.constructionnews.co.uk/?p=471325 Eight firms, including some of the industry’s biggest names, have won places on a £1.5bn framework covering public-sector projects across the North West of England. Kier, Sir Robert McAlpine, ISG, Vinci and Morgan Sindall are among those named on the four-year framework, which kicks off…

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]]> Revealed: the top 20 best paid construction plc bosses https://www.constructionnews.co.uk/financial/revealed-the-top-20-best-paid-construction-plc-bosses-11-10-2022/ Tue, 11 Oct 2022 05:50:56 +0000 https://www.constructionnews.co.uk/?p=466308 The industry’s highest earners have once again seen their pay rocket, after COVID lockdowns brought a year of restraint. James Wilmore examines how the rises sit within a context of rising worries over the cost of living for those further down the foodchain. Recent events…

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]]> The data space race: is data centre construction set for take-off? https://www.constructionnews.co.uk/tech/the-data-space-race-27-04-2022/ Wed, 27 Apr 2022 05:50:14 +0000 https://www.constructionnews.co.uk/?p=456595 With demand for data-centre capacity set to increase tenfold between 2018 and 2025, opportunities abound for contractors – whether it’s building new sites or upgrading existing facilities. James Wilmore looks at the potential and the challenges

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]]> Payment times revealed: how long the biggest firms take to pay https://www.constructionnews.co.uk/financial/payment-times-revealed-how-long-the-biggest-firms-take-to-pay-13-12-2021/ Mon, 13 Dec 2021 06:50:42 +0000 https://www.constructionnews.co.uk/?p=449147 Construction News reveals the payment performance of the largest contractors in the UK, and James Wilmore examines how well payment reporting rules are working

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]]> MPs: Crossrail ‘must end expensive tier-one contracts’ amid funding shortfall https://www.constructionnews.co.uk/civils/mps-crossrail-must-end-expensive-tier-one-contracts-amid-funding-shortfall-29-10-2021/ https://www.constructionnews.co.uk/civils/mps-crossrail-must-end-expensive-tier-one-contracts-amid-funding-shortfall-29-10-2021/#comments Fri, 29 Oct 2021 05:00:13 +0000 https://www.constructionnews.co.uk/?p=447057 Crossrail must end its “expensive” tier-one contracts “as soon as possible” to control costs on the megaproject amid a potential £150m funding shortfall, MPs have said.  In a new report, politicians on the public accounts committee revealed that Crossrail spent around £56m a month between…

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]]> https://www.constructionnews.co.uk/civils/mps-crossrail-must-end-expensive-tier-one-contracts-amid-funding-shortfall-29-10-2021/feed/ 1 NG Bailey division falls to £10m loss https://www.constructionnews.co.uk/financial/ng-bailey-division-falls-to-10m-loss-28-10-2021/ Thu, 28 Oct 2021 13:12:56 +0000 https://www.constructionnews.co.uk/?p=447011 NG Bailey’s largest division fell to a pre-tax loss of £10.2m in its last financial year, newly published accounts have revealed. The firm’s M&E design-and-build business, which accounts for more than half its turnover, said it was hit by “delays or cancellations of secured or…

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